{"id":13983,"date":"2026-03-16T06:32:01","date_gmt":"2026-03-16T06:32:01","guid":{"rendered":"https:\/\/www.rakmediaoffice.ae\/?p=13983"},"modified":"2026-03-16T06:33:35","modified_gmt":"2026-03-16T06:33:35","slug":"sp-global-affirms-ras-al-khaimahs-a-a-1-credit-rating-with-a-stable-outlook-for-2026","status":"publish","type":"post","link":"https:\/\/www.rakmediaoffice.ae\/en\/media-center\/sp-global-affirms-ras-al-khaimahs-a-a-1-credit-rating-with-a-stable-outlook-for-2026\/","title":{"rendered":"S&#038;P Global affirms Ras Al Khaimah\u2019s \u2018A\/A-1\u2019 credit rating with a \u2018stable\u2019 outlook for 2026"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><\/p>\n<ul>\n<li>Ras Al Khaimah maintains \u2018A range\u2019 credit rating since 2008<\/li>\n<li>S&amp;P anticipates broad economic stability in the Emirate over the next two to three years<\/li>\n<li>The stable outlook reflects the agency\u2019s view that Ras Al Khaimah Government\u2019s prudent fiscal management and fiscal buffers will provide space for policy maneuvering amid geopolitical developments<\/li>\n<\/ul>\n<p>International credit ratings agency S&amp;P Global affirmed Ras Al Khaimah\u2019s rating for 2026 at \u2018A\/A-1\u2019 with a \u2018stable\u2019 outlook, anticipating broad economic stability in the Emirate over the next two to three years.<\/p>\n<p>U.S.-based S&amp;P Global, one of the \u2018Big Three\u2019 credit-ratings agencies, stated that the Emirate\u2019s stable outlook reflected the agency\u2019s expectation that Ras Al Khaimah Government\u2019s prudent fiscal management and fiscal buffers would provide space for policy maneuvering amid geopolitical developments.<\/p>\n<p>The report highlighted \u201ccontinuity in government policy\u201d, ensured by the Emirate\u2019s legislative and executive systems, as a key factor in the decision to affirm the rating, noting that some progress has been observed on the government\u2019s long-term commitment to establishing strong economic institutions, such as the RAK Statistics Center. Ras Al Khaimah has maintained an \u2018A range\u2019 credit rating since 2008.<\/p>\n<p>A spokesperson for Ras Al Khaimah Government said: \u201cAffirming Ras Al Khaimah\u2019s rating and stable outlook for 2026 reflects global confidence in our Emirate\u2019s ability to navigate geopolitical developments, guided by the wise and forward-looking leadership of His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah. The Emirate, with its robust infrastructure, has thoroughly proven its resilience in challenging times. Ras Al Khaimah continues to execute its plans to ensure its growth and prosperity.\u201d<\/p>\n<p>The international credit ratings agency forecasts that Ras Al Khaimah Government will maintain a conservative fiscal policy and run fiscal surpluses averaging 3% of GDP over the 2026-2029 period.<\/p>\n<p>The report underlines the Emirate\u2019s capacity to adjust its expenditure as a factor in its ability to navigate uncertainty, citing the successful measures it had implemented during the COVID-19 pandemic as an example.<\/p>\n<p>Furthermore, the government\u2019s strong net asset position partly mitigates fiscal risks from contingent liabilities, predicting that the government\u2019s interest burden will remain under 5% of government revenue due to its small debt stock.<\/p>\n<p>Ras Al Khaimah, the northernmost of the UAE\u2019s seven Emirates, is home to a thriving and diversified economy with growth recorded and projected across all industries. The Emirate\u2019s GDP composition is split over a variety of sectors, boosting its ability to attract and retain talent and businesses, from SMEs to large international companies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ras Al Khaimah maintains \u2018A range\u2019 credit rating since 2008 S&amp;P anticipates broad economic stability in the Emirate over the next two to three years The stable outlook reflects the agency\u2019s view that Ras Al Khaimah Government\u2019s prudent fiscal management and fiscal buffers will provide space for policy maneuvering amid geopolitical developments International credit ratings [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":13981,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2,3],"tags":[],"press_release_topic":[60],"latest_news_topic":[],"class_list":["post-13983","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-media-center","category-press-releases","press_release_topic-business-and-economy"],"acf":{"related_to_hh":"no","hidden_photo_gallery":false},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>S&amp;P Global affirms Ras Al Khaimah\u2019s \u2018A\/A-1\u2019 credit rating with a \u2018stable\u2019 outlook for 2026 - Home Page<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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