First Abu Dhabi Bank (FAB), the UAE’s global bank, has reinforced its position as the highest-rated banking group in the MENA region and among the highest-rated globally, with AA- or equivalent ratings and stable outlooks following the latest affirmations by Moody’s, S&P Global Ratings and Fitch Ratings, the bank said.
The 2026 sovereign credit outlook for the Middle East region is stable, said S&P Global Ratings, reflecting its expectation of continued economic and credit resilience despite persistent and elevated geopolitical tensions and lower oil prices.
Global credit ratings agency Fitch has affirmed Ras Al Khaimah’s Long-Term Issuer Default Ratings (IDRs) at ‘A+’, reflecting an easing of direct risks associated with geopolitical challenges since April 2026.
The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a member of the Islamic Development Bank Group, has said that Moody’s Ratings has affirmed the corporation’s Aa3 Insurance Financial Strength Rating (IFSR) with a Stable Outlook.