ABU DHABI/WAM S&P Global Ratings affirmed its ‘AA/A-1+’ long- and short-term foreign and local currency sovereign credit ratings on the UAE with stable outlook. The stable outlook reflects the agency’s view that the UAE’s large fiscal and external buffers should provide space for policy maneuvering during adverse geopolitical developments or unfavorable hydrocarbon sector dynamics, including disruption in oil production or …

ABU DHABI/WAM The United Arab Emirates participated in an Extraordinary Meeting of the leaders from the Gulf Cooperation Council (GCC), Armenia, Azerbaijan, Egypt, Iraq, Jordan, Lebanon, Syria, Türkiye, and the European Union (EU), which was held via videoconference on 9 March 2026, to discuss the Iranian aggression against the countries in the Gulf and the wider region. The meeting was …

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received a phone call today from His Excellency Friedrich Merz, Chancellor of the Federal Republic of Germany, to discuss the military escalation in the region and its serious implications for regional and international security and stability. During the call, Chancellor Merz renewed Germany’s condemnation of the blatant Iranian …