Wednesday 19 December 2012

TEXT-S&P afrms Emirate of Ras Al Khaimah 'A/A-1' rtngs; otlk stbl | Reuters

Overview

-- In our view, the Emirate of Ras Al Khaimah's public finances remain strong on the back of prudent fiscal policy and the benefits of United Arab Emirates (UAE) membership.

-- We are therefore affirming our 'A/A-1' sovereign credit ratings on Ras al Khaimah.

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