RIYADH: Qatar and the UAE retained their high sovereign credit ratings in separate assessments by Fitch Ratings and S&P Global Ratings, highlighting the financial strength of the Gulf economies even as the regional conflict continues to disrupt energy exports and trade.
Fitch affirmed Qatar’s Long-Term Issuer Default Ratings at “AA” and removed the country from Rating Watch Negative, although it maintained a negative outlook because of continuing risks to liquefied natural gas exports and infrastructure.
The rating action reflects…
