Gulf Balance Sheets Anchor Ratings as Fitch Sees UAE Non-Oil Growth at 6.1 Percent in 2027
Strong balance sheets continue to underpin the credit ratings of the higher-rated Gulf sovereigns, Fitch Ratings said on Thursday 15 October, with investment income from sovereign wealth funds providing “additional fiscal support” and the UAE’s non-oil economy set to grow 6.1 percent in real terms in 2027. Oman is the one member of the 6-state…
