Mubasher: Standard and Poor's (S&P) Global Ratings has affirmed its AA/A-1+ sovereign credit rating for Abu Dhabi, with a stable outlook, according to a report issued on Friday.
“The stable outlook on Abu Dhabi reflects our expectation that economic growth will gradually pick up and its fiscal position will remain extremely strong over the next two years, although structural and institutional weaknesses will likely persist,” the report noted.
