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 Industry ecosystem participates in Hannover Messe 2026
News
Calendar Icon
April 16, 2026
Saudi Industry ecosystem participates in Hannover Messe 2026
Read More
NEOM Port launches multimodal corridor linking Europe to GCC
News
Calendar Icon
April 16, 2026
NEOM Port launches multimodal corridor linking Europe to GCC
Read More
PIF Board of Directors approves 2026-2030 strategy
News
Calendar Icon
April 16, 2026
PIF Board of Directors approves 2026-2030 strategy
Read More
Report: Cyber risks outpace AI concerns for Middle East leaders
News
Calendar Icon
April 15, 2026
Report: Cyber risks outpace AI concerns for Middle East leaders
Read More
Eli Lilly acquires CE-Ventures portfolio company CrossBridge Bio
News
Calendar Icon
April 15, 2026
Eli Lilly acquires CE-Ventures portfolio company CrossBridge Bio
Read More
Adyen partners with Careem Pay to enhance digital remittances in UAE
News
Calendar Icon
April 15, 2026
Adyen partners with Careem Pay to enhance digital remittances in UAE
Read More
Saudi Arabia climbs to no.1 in Global Digital Readiness Ranking
News
Calendar Icon
April 15, 2026
Saudi Arabia climbs to no.1 in Global Digital Readiness Ranking
Read More
Safari Group, PMaestro plan $35mn Fund to expand Chuck E. Cheese network
News
Calendar Icon
April 15, 2026
Safari Group, PMaestro plan $35mn Fund to expand Chuck E. Cheese network
Read More
Riyadh to host 3 Saudi accelerators backing agricultural, sustainability startups
News
Calendar Icon
April 15, 2026
Riyadh to host 3 Saudi accelerators backing agricultural, sustainability startups
Read More
Falak Holing acquires Kernel for AI to expand technical capabilities
News
Calendar Icon
April 14, 2026
Falak Holing acquires Kernel for AI to expand technical capabilities
Read More