Moody's Affirms AD Ports Group's Rating on Abu Dhabi Government Support; Outlook Stable

08:46 AM EST, 11/06/2026 (MT Newswires) -- Moody's affirmed Abu Dhabi Ports' (ADX:ADPORTS), d/b/a AD Ports Group's, A1 long-term issuer rating, with a stable outlook, according to a Friday release. The A1 rating reflects the rating agency's expectations of "high" default dependence and extraordinary support from the Abu Dhabi state through Abu Dhabi Developmental Holding and L'Imad Holding. It also mirrors the port and industrial zones developer's continued strong operating performance despite disruptions affecting the Strait of Hormuz. For the stable outlook, the rating agency noted its expectations that AD Ports Group's infrastructure earnings will stay robust despite the geopolitical conflict and that its credit metrics will remain adequate.