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Fitch Maintains Abu Dhabi's Rating on Strong Fiscal Position, Low Government Debt
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12:19 AM EST, 11/02/2026 (MT Newswires) -- Fitch Ratings on Oct. 30 affirmed its long-term issuer default ratings on Abu Dhabi at AA, with a stable outlook. The affirmation reflects the emirate's low government debt, high gross domestic product per capita, and "very strong" fiscal and external metrics. However, Fitch cited Abu Dhabi's heavy reliance on hydrocarbons as a key rating constraint. Meanwhile, the stable outlook is supported by Abu Dhabi's ability to sustain oil export revenue amid the US-Iran war.
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