{"id":9583,"date":"2025-05-16T03:11:20","date_gmt":"2025-05-16T01:11:20","guid":{"rendered":"https:\/\/shams-alyaoum.com\/en\/?p=9583"},"modified":"2025-05-16T03:11:21","modified_gmt":"2025-05-16T01:11:21","slug":"ras-al-khaimahs-strong-economic-and-investment-environment-validated-by-fitch-affirmation-of-a-credit-rating-with-stable-outlook","status":"publish","type":"post","link":"https:\/\/shams-alyaoum.com\/en\/ras-al-khaimahs-strong-economic-and-investment-environment-validated-by-fitch-affirmation-of-a-credit-rating-with-stable-outlook\/","title":{"rendered":"Ras Al Khaimah\u2019s strong economic and investment environment validated by Fitch affirmation of \u2018A+\u2019 credit rating, with Stable Outlook"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"666\" src=\"https:\/\/shams-alyaoum.com\/en\/wp-content\/uploads\/2025\/05\/rak-photo-1k.jpg\" alt=\"\" class=\"wp-image-9584\" srcset=\"https:\/\/shams-alyaoum.com\/en\/wp-content\/uploads\/2025\/05\/rak-photo-1k.jpg 1000w, https:\/\/shams-alyaoum.com\/en\/wp-content\/uploads\/2025\/05\/rak-photo-1k-300x200.jpg 300w, https:\/\/shams-alyaoum.com\/en\/wp-content\/uploads\/2025\/05\/rak-photo-1k-768x511.jpg 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><em>The positive rating reflects the Emirate\u2019s strong long-term growth prospects and ongoing economic diversification<\/em><\/strong><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Ras Al Khaimah\u2019s strategic approach to sustainable, cross-sector growth and strong economic and investment environment has been validated by international credit rating agency Fitch, which reaffirmed the rating at \u2018A+\u2019 with a stable outlook.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ras Al Khaimah Government welcomed the announcement as an endorsement of the Emirate\u2019s resilient and expanding economy, sound fiscal management and the clear vision and unwavering commitment of its leadership to sustainable, long-term development and growth.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Emirate\u2019s landmark tourism projects, including a major integrated resort, luxury hotels and world-class leisure facilities, combined with a surge in real estate revenue, are creating opportunities for investors, driving further investment and strengthening the Emirate\u2019s economic resilience, according to Fitch.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A Ras Al Khaimah Government spokesperson said: \u201cRas Al Khaimah\u2019s consistent A+ credit rating is owing to its disciplined economic strategy, ambitious investment agenda and long-term commitment to building a sustainable and diversified economy. The Emirate has experienced significant growth over several years to become an attractive global investment and tourism hub, as well as a leading destination to live, work and explore.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In March, Ras Al Khaimah successfully issued a 10-year USD1 billion sukuk, while keeping total public-sector debt at just 11% of GDP \u2013 one of the lowest levels among Fitch-rated sovereigns. This is expected to fall to 9% by 2026.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Fitch estimated that Ras Al Khaimah achieved real GDP growth of 6.7% in 2024, an increase from 3.6% the previous year. RAK Government anticipates this strong momentum to continue, with average growth projected at 6.1% into 2026. This growth is driven by key strategic initiatives, notably the development of the landmark $5.2 billion Wynn Al Marjan Island integrated resort. Set to open in 2027, the resort is poised to drive further economic expansion.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Fitch also highlighted Ras Al Khaimah\u2019s high GDP per capita, strong governance, political stability and effective rule of law \u2013 key factors that contribute to the Emirate\u2019s attractive investment environment. The rating affirmation stands as an endorsement of the Emirate\u2019s solid public finances, robust growth trajectory and its status as a dynamic and secure global hub for business and investment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The positive rating reflects the Emirate\u2019s strong long-term growth prospects and ongoing economic diversification Ras Al Khaimah\u2019s strategic approach to sustainable, cross-sector growth and strong economic and investment environment has been validated by international credit rating agency Fitch, which reaffirmed the rating at \u2018A+\u2019 with a stable outlook. Ras Al Khaimah Government welcomed the announcement &hellip;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[9,1405,1310],"class_list":["post-9583","post","type-post","status-publish","format-standard","hentry","category-news","tag-business","tag-environment","tag-general"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ras Al Khaimah\u2019s strong economic and investment environment validated by Fitch affirmation of \u2018A+\u2019 credit rating, with Stable Outlook - Magazine Shams Al Yaoum<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/shams-alyaoum.com\/en\/ras-al-khaimahs-strong-economic-and-investment-environment-validated-by-fitch-affirmation-of-a-credit-rating-with-stable-outlook\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ras Al Khaimah\u2019s strong economic and investment environment validated by Fitch affirmation of \u2018A+\u2019 credit rating, with Stable Outlook - Magazine Shams Al Yaoum\" \/>\n<meta property=\"og:description\" content=\"The positive rating reflects the Emirate\u2019s strong long-term growth prospects and ongoing economic diversification Ras Al Khaimah\u2019s strategic approach to sustainable, cross-sector growth and strong economic and investment environment has been validated by international credit rating agency Fitch, which reaffirmed the rating at \u2018A+\u2019 with a stable outlook. Ras Al Khaimah Government welcomed the announcement &hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/shams-alyaoum.com\/en\/ras-al-khaimahs-strong-economic-and-investment-environment-validated-by-fitch-affirmation-of-a-credit-rating-with-stable-outlook\/\" \/>\n<meta property=\"og:site_name\" content=\"Magazine Shams Al Yaoum\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-16T01:11:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-05-16T01:11:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/shams-alyaoum.com\/en\/wp-content\/uploads\/2025\/05\/rak-photo-1k.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"666\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"shamsalyaoum\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"shamsalyaoum\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/shams-alyaoum.com\/en\/ras-al-khaimahs-strong-economic-and-investment-environment-validated-by-fitch-affirmation-of-a-credit-rating-with-stable-outlook\/\",\"url\":\"https:\/\/shams-alyaoum.com\/en\/ras-al-khaimahs-strong-economic-and-investment-environment-validated-by-fitch-affirmation-of-a-credit-rating-with-stable-outlook\/\",\"name\":\"Ras Al Khaimah\u2019s strong economic and investment environment validated by Fitch affirmation of \u2018A+\u2019 credit rating, with Stable Outlook - 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