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

Visa Report: 96% of UAE SMEs surveyed use digital payments
News
Calendar Icon
October 14, 2026
Visa Report: 96% of UAE SMEs surveyed use digital payments
Read More
Cycls launches specialized AI agents for Saudi Market
News
Calendar Icon
October 14, 2026
Cycls launches specialized AI agents for Saudi Market
Read More
NCA: Saudi cybersecurity market reaches SAR 16.3bn in 2025
News
Calendar Icon
October 14, 2026
NCA: Saudi cybersecurity market reaches SAR 16.3bn in 2025
Read More
KIB becomes first Kuwaiti bank to offer BNPL services through BuyNow app
News
Calendar Icon
October 13, 2026
KIB becomes first Kuwaiti bank to offer BNPL services through BuyNow app
Read More
Saudi Ministry of Commerce grants over 50K registers in Q3-26
News
Calendar Icon
October 12, 2026
Saudi Ministry of Commerce grants over 50K registers in Q3-26
Read More
HUMAIN, Napster partner to provide organizations with Arabic-native AI
News
Calendar Icon
October 12, 2026
HUMAIN, Napster partner to provide organizations with Arabic-native AI
Read More
Strategic Gears, Rasmal to build investment corridor between Saudi Arabia, Asia
News
Calendar Icon
October 12, 2026
Strategic Gears, Rasmal to build investment corridor between Saudi Arabia, Asia
Read More
Quara Finance launches financial services through Mobily Pay
News
Calendar Icon
October 12, 2026
Quara Finance launches financial services through Mobily Pay
Read More
Monsha’at honored for supporting entrepreneurs at Mayda Mohieddin Nazer Innovation Award
News
Calendar Icon
October 11, 2026
Monsha’at honored for supporting entrepreneurs at Mayda Mohieddin Nazer Innovation Award
Read More
Barq Group integrates Beyon Money into its fintech platform
News
Calendar Icon
October 11, 2026
Barq Group integrates Beyon Money into its fintech platform
Read More