Emirates Risk: State budgets, commercial operations recover

Both Abu Dhabi and Dubai retain GSN’s highest grade for political risk and the former also for economic and financial risk in this new Risk Management Report. Dubai’s economic risk rating is unchanged but is a notch lower than its neighbour’s with negative momentum. Recent developments include the largest budget in the Ajman’s history evidence of an economic recovery in Dubai, Sharjah government expectations of a significant increase in revenues and the signing of a contract initiating the Al-Sinniyah island development in Umm Al-Quwain.