Why renewable energy investment continues to rise despite US trade barriers
As the world accelerates toward sustainability, renewable energy is attracting record-breaking investments. But what are the financial and regulatory challenges behind the scenes?
The long-term foreign-currency issuer default rating (IDR) with a stable outlook mainly benefits from the UAE capital’s substantial sovereign net foreign assets, which were estimated to be 157% of the country’s gross domestic product (GDP) last year.
“The UAE’s economy is set to maintain its strong growth momentum, driven by rising oil output and robust activity in the non-oil sector, which is being supported by a loose fiscal stance” James Swanston, MENA economist at Capital Economics.
