Monday 20, January 2014 by Matthew Amlôt

Moody's: Abu Dhabi creditworthiness supported by strong government finances and hydrocarbon wealth

In a report published on January 16, 2014, Moody's Investors Service says that Abu Dhabi's Aa2 rating with stable outlook is primarily supported by the prudent management of the proceeds from its vast hydrocarbon reserves. In particular, the rating agency highlights how the proceeds have resulted in structurally large fiscal and external surpluses, a very low level of direct government debt and the sizable accumulation of sovereign wealth fund assets.

Features & Analyses

SME Finance A sincere form of flattery?

  When Stevi Lowmass of The Camel Soap Factory discovered her product was being copied and sold, she took a number of steps to… read more