Ras Al Khaimah has retained its long- and short-term sovereign credit ratings at ‘A/A-1’ for 2026, with a stable outlook, according to S&P Global, which cited expectations of continued economic stability in the emirate.

The ratings agency said the stable outlook reflects its view that Ras Al Khaimah’s prudent fiscal management and strong financial buffers will allow for policy flexibility amid evolving geopolitical conditions.

S&P forecasts the emirate will post fiscal surpluses averaging around 3% of GDP between 2026 and 2029, reinforcing its position as a fiscally disciplined economy in the region.

The affirmation also highlights continuity in government policy, supported by the emirate’s legislative and executive frameworks—factors that have helped sustain investor confidence and long-term economic stability.

S&P further pointed to ongoing institutional development, including efforts to strengthen economic data and transparency through entities such as the Ras Al Khaimah Statistics Center.

Ras Al Khaimah has maintained an ‘A’-range credit rating since 2008, underscoring what S&P described as consistent economic governance and policy stability.