Standard & Poor's Upgrades Ras Al Khaimah's Credit Rating to 'A/A-1' with Stable Outlook

Reflecting the sustainable and diversified economic growth enjoyed by the Emirate of Ras Al Khaimah, the international credit rating agency Standard & Poor's has upgraded the emirate's credit rating from "A-/A-2" to "A/A-1", with a stable outlook. This upgrade highlights Ras Al Khaimah's consistent long-term policies and strong economic institutions.