Tuesday 17, April 2018 by Jessica Combes

Abu Dhabi sovereign rating resilient; Dubai upgrade uninhibited by slow growth

 

Growth in the emirates of Abu Dhabi and Dubai will remain at a sustained level of approximately three per cent over the next few years, if oil prices remain stable around current levels; growth is predicted to be steady, albeit modest when compared with over four per cent per annum achieved pre-2015, according to Fisch Asset Management (Fisch), one of the leading credit analysis and convertible bond specialists.

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