Ratings will ease Ras al-Khaimah's access to funding
- Published: 01 February 2008 15:41
- Author:Colin Foreman | More by this Author
- Last Updated: 01 February 2008 15:41
On the face of it, it is odd that Ras al-Khaimah should receive a sovereign rating from Standard & Poor's and Fitch. After all, it is not even a sovereign state. Nonetheless, the A ratings announced on 27 January will make it easier for the emirate to move ahead with its growth plans and avoid being left even further behind by Dubai and Abu Dhabi.
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