Middle East News

Fitch Ratings has affirmed the United Arab Emirates’ (UAE) Long-Term Issuer Default Ratings (IDRs) at ‘AA-‘ with a stable outlook, according to a rating note released by the agency. UAE’s ‘AA-‘ rating reflects low consolidated government debt, strong net external asset position and high GDP per capita.

Ripple (XRP) reboots with a fresh rally on Monday, rising by about 4% to $1.3425 in 24 hours on renewed bargain hunting and more than 75% increase in trading volume to $1.84 billion. 

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