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

Goldman Sachs officially opens Riyadh office at KAFD
News
Calendar Icon
December 11, 2025
Goldman Sachs officially opens Riyadh office at KAFD
Read More
National Development Fund injects SAR 60 bn annually to support Vision 2030
News
Calendar Icon
December 11, 2025
National Development Fund injects SAR 60 bn annually to support Vision 2030
Read More
Aramco, Qualcomm, RDIA celebrate 1st cohort of AI-focused DISAI Program
News
Calendar Icon
December 11, 2025
Aramco, Qualcomm, RDIA celebrate 1st cohort of AI-focused DISAI Program
Read More
HRDF launches new training push with SAR 324 mn partnership deals
News
Calendar Icon
December 11, 2025
HRDF launches new training push with SAR 324 mn partnership deals
Read More
Events Fund to develop 20 projects worth SAR 8 bn in five years
News
Calendar Icon
December 10, 2025
Events Fund to develop 20 projects worth SAR 8 bn in five years
Read More
Qai, Brookfield establish $20bn JV to advance AI infrastructure
News
Calendar Icon
December 10, 2025
Qai, Brookfield establish $20bn JV to advance AI infrastructure
Read More
36 startups showcase innovative water technologies at IDWS 2025 Deal Day
News
Calendar Icon
December 10, 2025
36 startups showcase innovative water technologies at IDWS 2025 Deal Day
Read More
SME Bank signs 19 deals exceeding SAR 3 bn during MOMENTUM 2025
News
Calendar Icon
December 10, 2025
SME Bank signs 19 deals exceeding SAR 3 bn during MOMENTUM 2025
Read More
SDAIA announces ICAN 2026 to advance national AI and data talent
News
Calendar Icon
December 9, 2025
SDAIA announces ICAN 2026 to advance national AI and data talent
Read More
Cyberani, KPMG form strategic partnership to strengthen Saudi cybersecurity
News
Calendar Icon
December 9, 2025
Cyberani, KPMG form strategic partnership to strengthen Saudi cybersecurity
Read More