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UAE sovereign rating unchanged
- United Arab Emirates: Wednesday, December 31 - 2008 at 11:57
Moody's Investor Service yesterday said the high ratings of the UAE federal government will not be affected by the steep drop in international oil prices. In its annual credit report on the country, Moody's kept the UAE's sovereign rating 'Aa2' with a stable outlook, its third highest investment grade.
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Jeff Florian, Senior ReporterWednesday, December 31 - 2008 at 11:57 UAE local time (GMT+4)
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