KUWAIT AND UAE HAVE A STEEPER ROAD AHEAD AS ECONOMY FAILING TO COPE ECONOMIC UNCERTAINTIES

HIGHLIGHTS

• Two oil-rich Arab Gulf states endured extreme financial blows on Wednesday, as a significant credit office minimized Kuwait unexpectedly and the United Arab Emirates recognized its economy would agree to a level last observed in 2009

The office, Moody's Investors Service, cut Kuwait's obligation rating and sounded the caution that its "fluid assets are approaching exh....