Abu Dhabi/Dubai: Downgrades for Sharjah and RAK


Risk Management Reports
Issue 1113 - 29 Oct 2020 | 4 minute read

Risk Management Report – GSN Risk Grade – Abu Dhabi A↓1, Dubai A↓2

Politics: At the top of each emirate are the rulers’ courts and their crown princes. In practice, only the rulers of Abu Dhabi and Dubai make unilateral decisions and issue emiri decrees; most of the smaller emirates use legislation crafted at federal level. Abu Dhabi, Dubai and Sharjah all have executive councils (Dubai’s is relatively informal).

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