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

SDAIA to organize fourth Global AI Summit in September 2026
News
Calendar Icon
November 13, 2025
SDAIA to organize fourth Global AI Summit in September 2026
Read More
Shory Group expands into Saudi market after securing official license
News
Calendar Icon
November 13, 2025
Shory Group expands into Saudi market after securing official license
Read More
CODE to convene global tech leaders at Multiverse 2025 in Silicon Valley
News
Calendar Icon
November 13, 2025
CODE to convene global tech leaders at Multiverse 2025 in Silicon Valley
Read More
RAÝH launches in Riyadh to help investors turn assets into startups
News
Calendar Icon
November 13, 2025
RAÝH launches in Riyadh to help investors turn assets into startups
Read More
Capgemini Report: AI Agents to deliver $450bn to Financial Sector by 2028
News
Calendar Icon
November 12, 2025
Capgemini Report: AI Agents to deliver $450bn to Financial Sector by 2028
Read More
Valor Hospitality expands in Saudi Arabia with major hotel portfolio deal
News
Calendar Icon
November 12, 2025
Valor Hospitality expands in Saudi Arabia with major hotel portfolio deal
Read More
DataCamp acquires Dubai-based Optima in $15 mn deal
News
Calendar Icon
November 12, 2025
DataCamp acquires Dubai-based Optima in $15 mn deal
Read More
Saudi fintech Lean Technologies eyes expansion, future IPO
News
Calendar Icon
November 12, 2025
Saudi fintech Lean Technologies eyes expansion, future IPO
Read More
Saudi Arabia to Join G20 Startup20 Summit in Johannesburg
News
Calendar Icon
November 12, 2025
Saudi Arabia to Join G20 Startup20 Summit in Johannesburg
Read More
NTT eyes Saudi Arabia for potential data center expansion
News
Calendar Icon
November 12, 2025
NTT eyes Saudi Arabia for potential data center expansion
Read More