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

Saudi tech giant Elm expands international partnerships at GITEX 2025
News
Calendar Icon
October 19, 2025
Saudi tech giant Elm expands international partnerships at GITEX 2025
Read More
SAL inaugurates new distribution center in Riyadh
News
Calendar Icon
October 19, 2025
SAL inaugurates new distribution center in Riyadh
Read More
Apparel Group, Arabian Alesaar partner to launch 24 global brands in Kingdom
News
Calendar Icon
October 19, 2025
Apparel Group, Arabian Alesaar partner to launch 24 global brands in Kingdom
Read More
IB Ventures officially launches as first Saudi biotech VC fund
News
Calendar Icon
October 16, 2025
IB Ventures officially launches as first Saudi biotech VC fund
Read More
Trina Storage launches next-gen 6.25 MWh energy platform in Saudi Arabia
News
Calendar Icon
October 16, 2025
Trina Storage launches next-gen 6.25 MWh energy platform in Saudi Arabia
Read More
HUMAIN pacts with center3 to advance AI connectivity in Kingdom
News
Calendar Icon
October 16, 2025
HUMAIN pacts with center3 to advance AI connectivity in Kingdom
Read More
IHC plans AED 120 bn merger of 2PointZero, Multiply Group, Ghitha Holding
News
Calendar Icon
October 16, 2025
IHC plans AED 120 bn merger of 2PointZero, Multiply Group, Ghitha Holding
Read More
National Bank of Egypt opens 1st Branch in Saudi Arabia
News
Calendar Icon
October 16, 2025
National Bank of Egypt opens 1st Branch in Saudi Arabia
Read More
Kafalah extends SAR 14 bn in financing for over 4K SMEs
News
Calendar Icon
October 16, 2025
Kafalah extends SAR 14 bn in financing for over 4K SMEs
Read More
JPMorgan expands Saudi presence with regional HQ license
News
Calendar Icon
October 16, 2025
JPMorgan expands Saudi presence with regional HQ license
Read More