Credit Rating Upgrades Overview S&P Global Ratings upgraded Emaar’s long-term issuer credit rating to BBB+ (from BBB), assigning a Stable outlook. Moody’s upgraded its long-term issuer rating to Baa1 (from Baa2), also with a Stable outlook. Key Drivers Behind the Upgrades Strong Financial Fundamentals Emaar’s robust financials and strong backlog were cited as...