S&P Global upgrades Ras Al Khaimah’s economy to ‘A/A-1’ with ‘stable’ outlook

International credit ratings agency Standard & Poor’s (S&P) Global has upgraded Ras Al Khaimah’s rating from ‘A-/A-2’ to ‘A/A-1’ with a ‘stable’ outlook.  U.S.-based S&P Global, one of the ‘Big Three’ credit-ratings agencies, stated that the Emirate’s stable outlook reflected the agency’s expectation ...