Fitch Ratings has affirmed Ras al-Khaimah’s long-term foreign and local currency issuer default ratings (IDRs) at A with a stable outlook. The issue ratings on RAK Capital’s senior unsecured foreign- currency bonds are also affirmed at A. The UAE country Ceiling…
Tag: Ras al-Khaimah
Fitch Affirms Ras al-Khaimah at investment grade with stable outlook
Fitch Ratings has affirmed Ras al-Khaimah’s long-term foreign and local currency issuer default ratings (IDRs) at A. The outlooks are stable. The issue ratings on RAK Capital’s senior unsecured foreign currency bonds have also been affirmed at A. The short-term…
Fitch holds Ras al-Khaimah’s rating at A/AA
Fitch Ratings this morning affirmed Ras al-Khaimah’s long-term foreign and local currency Issuer Default Rating (IDR) at A with stable outlooks. The short-term foreign currency IDR has also been affirmed at F1. The country ceiling has been affirmed at AA+,…
Ras al-Khaimah gets S&P population warning: The National
Standard & Poor’s (S&) said on 8 May that it might downgrade the credit rating for Ras al-Khaimah as a result of doubts about the accuracy of population data published by the emirate, one of seven that make up the UAE,…