Moody’s affirms UAE at Aa2 despite forecast 7% economic contraction in 2026

article author: Arab News Author: Sun, 2026-06-14 12:39 RIYADH: Moody’s Ratings affirmed the UAE’s Aa2 long-term sovereign ratings with a stable outlook, citing the country’s financial buffers, low federal debt and diversified economy despite disruption to trade through the Strait of Hormuz. The agency also maintained the UAE’s foreign-currency senior unsecured debt rating at Aa2 and its medium-term note program rating at Aa2. Its local- and foreign-currency country ceilings remain at Aaa. Main category: Business & Economy Finance Tags: Moody’s UAE