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.
Fitch Ratings has assigned ‘neutral’ outlook for Middle East and North Africa (MENA) sovereigns in 2026. The outlook balances fairly stable oil prices, solid economic growth and some fiscal reform against political and geopolitical risks, it said.
