Saudi RATING pacts with China’s Dagong Global to enhance credit rating services

user icon
GHADA.ISMAIL
calender icon
Apr 29, 2025
article image

Riyadh – Sharikat Mubasher:  Financial Analytics Company (RATING) announced a strategic partnership with China’s Dagong Global Credit Rating Co. to enhance cooperation in the credit rating sector and expand financial analytics services to global markets.

The agreement includes joint initiatives in technical knowledge sharing, development of the securities sector, and preparation of investment research, as per a recent press release. It also enables mutual recognition of credit ratings within each party’s jurisdiction, in line with international regulatory standards.

The partnership aims to boost investor confidence, improve the transparency of credit assessments, and support collaboration between Saudi and Chinese entities in global financial markets. It aligns with Saudi Arabia’s Vision 2030 by reinforcing the growth and credibility of the Kingdom’s capital market.

RATING, licensed by the Capital Market Authority, plays a key role in advancing Saudi financial transparency. Dagong Global, a leading Chinese state-owned agency, is recognized for its expertise in sovereign and industrial credit ratings across Asia and beyond.


Share

Related News

Tuwaiq Academy opens AI product-building bootcamps for 2026
News
Calendar Icon
January 1, 2026
Tuwaiq Academy opens AI product-building bootcamps for 2026
Read More
Saudi Arabia ranks first globally in ICT development
News
Calendar Icon
January 1, 2026
Saudi Arabia ranks first globally in ICT development
Read More
Report: Saudi Sports Market valued at $8.4bn, poised for major expansion
News
Calendar Icon
January 1, 2026
Report: Saudi Sports Market valued at $8.4bn, poised for major expansion
Read More
Nesma & Partners secures main infrastructure package for Expo 2030 Riyadh
News
Calendar Icon
January 1, 2026
Nesma & Partners secures main infrastructure package for Expo 2030 Riyadh
Read More
Report: Saudi Arabia sees strong growth in FDI in Q3 2025
News
Calendar Icon
December 31, 2025
Report: Saudi Arabia sees strong growth in FDI in Q3 2025
Read More
Sustainability Report: Bupa Arabia Achieves Progress in Environmental and Social Impact
News
Calendar Icon
December 31, 2025
Sustainability Report: Bupa Arabia Achieves Progress in Environmental and Social Impact
Read More
AlHatlani: Franchising makes smart option for brand owners to grow fast
News
Calendar Icon
December 31, 2025
AlHatlani: Franchising makes smart option for brand owners to grow fast
Read More
NGHC signs talent development MoU with Fahd bin Sultan University
News
Calendar Icon
December 31, 2025
NGHC signs talent development MoU with Fahd bin Sultan University
Read More
Zahra Energy signs solar contracts for 2 Saudi industrial plants
News
Calendar Icon
December 30, 2025
Zahra Energy signs solar contracts for 2 Saudi industrial plants
Read More
HUMAIN receives first shipment of NVIDIA AI GPUs
News
Calendar Icon
December 30, 2025
HUMAIN receives first shipment of NVIDIA AI GPUs
Read More