Fitch affirms Abu Dhabi’s positive ratings and expects 7.9% growth in 2022

Fitch has affirmed Abu Dhabi’s long- and short-term sovereign credit ratings at AA and F1+, respectively, with a stable outlook. The agency said that the ratings granted to Abu Dhabi reflect a set of supporting factors, including high GDP per capita and strong internal and external financial measures, as Abu Dhabi’s government debt is among the lowest sovereign debt around the world, while the emirate’s total sovereign foreign assets is among the The highest rates in the world