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

Open World launches Saudi Arabia’s 1st RWA tokenization center
News
Calendar Icon
January 25, 2026
Open World launches Saudi Arabia’s 1st RWA tokenization center
Read More
New Murabba pacts with Ministry of Industry to enhance local content
News
Calendar Icon
January 25, 2026
New Murabba pacts with Ministry of Industry to enhance local content
Read More
Saudi Arabia secures major AI, industry, sustainability agreements in Davos
News
Calendar Icon
January 25, 2026
Saudi Arabia secures major AI, industry, sustainability agreements in Davos
Read More
Cyberme completes 2nd startup cohort, announces 3rd round
News
Calendar Icon
January 25, 2026
Cyberme completes 2nd startup cohort, announces 3rd round
Read More
Saudi Arabia to host WEF Global Collaboration, Growth Meeting in April
News
Calendar Icon
January 25, 2026
Saudi Arabia to host WEF Global Collaboration, Growth Meeting in April
Read More
Applied AI closes pre-Series B round to accelerate global expansion
News
Calendar Icon
January 22, 2026
Applied AI closes pre-Series B round to accelerate global expansion
Read More
EVIQ, Roads Authority join hands to advance EV charging services in Kingdom
News
Calendar Icon
January 22, 2026
EVIQ, Roads Authority join hands to advance EV charging services in Kingdom
Read More
NEOPAY partners with Nymbl to enable Nymbl QX
News
Calendar Icon
January 22, 2026
NEOPAY partners with Nymbl to enable Nymbl QX
Read More
Rawajeh Group acquires stake in Khwarizmi Holding
News
Calendar Icon
January 22, 2026
Rawajeh Group acquires stake in Khwarizmi Holding
Read More
Trango Tech expands mobile app services across GCC
News
Calendar Icon
January 22, 2026
Trango Tech expands mobile app services across GCC
Read More