Issuers, whether they be
governments, corporate
entities, or municipalities, are generally rated on their credit quality
by assessing their cash flow metrics (and their stability) against their debt load.
The new Federal Commercial Companies Law of 2015 stipulates that any
entity desirous of acquiring shares in a Public Joint Stock Company in the UAE, which offered its shares for public subscription, shall comply with the Securities and Commodities Authority's (SCA) rules and procedures for acquisition, which require the shares to be
assessed by a financial consultant and valued
by a
government appointed committee.