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S&P pointed to factors which could undermine bond prices across Gulf Arab economies in coming months and years.
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The country started initialising policies of rationalisation of spending and diversifying the economy in view of the slump in oil price.
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The report recorded Singapore as the world's strongest nation brand while UAE is placed third.
The report listed UAE's brand value at $403 billion, and gave it a AAA brand rating.
China, India and US remain emirate's top three trading partners in H1.
At RECon 2015, a large number of announcements of new shopping malls and expansions are introduced.
Economy to outperform that of UK, US, Germany, HK and Singapore.
Hydrocarbon accounts for only 25% of country's GDP and 20% of exports.
With no one cutting output, standoff might turn into a prolonged battle with uncertain results