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

SVC launches proprietary intelligence platform Aian
News
Calendar Icon
February 16, 2026
SVC launches proprietary intelligence platform Aian
Read More
SABIC signs agreement to supply rubber materials for PIF–Pirelli tire plant
News
Calendar Icon
February 16, 2026
SABIC signs agreement to supply rubber materials for PIF–Pirelli tire plant
Read More
Vision Ventures announces strategic investment in DEEP.SA
News
Calendar Icon
February 16, 2026
Vision Ventures announces strategic investment in DEEP.SA
Read More
QCDC, Snoonu join forces to expand digital transformation in Qatar
News
Calendar Icon
February 16, 2026
QCDC, Snoonu join forces to expand digital transformation in Qatar
Read More
Savvy Group in talks to buy Moonton for more than $6bn
News
Calendar Icon
February 15, 2026
Savvy Group in talks to buy Moonton for more than $6bn
Read More
Backed by AstroLabs, AirX expands into Saudi Arabia after GACA approval
News
Calendar Icon
February 15, 2026
Backed by AstroLabs, AirX expands into Saudi Arabia after GACA approval
Read More
Aramco partners with Microsoft to advance industrial AI in Saudi Arabia
News
Calendar Icon
February 15, 2026
Aramco partners with Microsoft to advance industrial AI in Saudi Arabia
Read More
MODON signs SAR 4.26 bn deals to localize military industries
News
Calendar Icon
February 12, 2026
MODON signs SAR 4.26 bn deals to localize military industries
Read More
Emergence fully acquires UAE’s AlgoDriven to offer superior AI data solutions
News
Calendar Icon
February 12, 2026
Emergence fully acquires UAE’s AlgoDriven to offer superior AI data solutions
Read More
Broadnet expands messaging portfolio, Strengthens Saudi market presence
News
Calendar Icon
February 12, 2026
Broadnet expands messaging portfolio, Strengthens Saudi market presence
Read More