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.
