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Organization: Ras al-Khaimah

Organization name
Emirate of Ras al-Khaimah
Country name
United Arab Emirates
Country of registration
United Arab Emirates
Industry
-
Bond debt
1,097 mln USD

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Profile

Ras al-Khaimah, formerly known as Julfar, is one of the emirates of the United Arab Emirates (UAE), in the southwest of the Persian Gulf. It is in the northern part of the UAE bordering Oman. The emirate has a population of about 300,000 inhabitants. It covers an area of 656 square miles (1700 km²), mostly desert. The capital city and home of most residents is also called Ras al-Khaimah. The city has a population of 263,217 as of 2008. The city has two main sections, Old Ras Al Khaimah and Nakheel, on either side of a creek. It is served by the Ras Al Khaimah International Airport in Al Jazirah Al Hamra.

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News

05/03/2024 New issue: Ras al-Khaimah issued international bonds (XS1210507650) with the coupon rate of 3.094% in the amount of USD 1000 mln maturing in 2025
18/12/2023 S&P Global Ratings affirms Ras al-Khaimah at "A-" (Local Currency LT credit rating); outlook positive
18/12/2023 S&P Global Ratings affirms Ras al-Khaimah at "A-" (Foreign Currency LT credit rating); outlook positive
16/10/2023 S&P Global Ratings revised outlook on Ras al-Khaimah to positive and affirmed at "A-" (Local Currency LT) credit rating
16/10/2023 S&P Global Ratings revised outlook on Ras al-Khaimah to positive and affirmed at "A-" (Foreign Currency LT) credit rating
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