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

Cisco pushes 'AI Defense' as AI agents adoption accelerates in Kingdom
News
Calendar Icon
January 13, 2026
Cisco pushes 'AI Defense' as AI agents adoption accelerates in Kingdom
Read More
Madeed secures $400K in pre-seed funding led by Vision Ventures
News
Calendar Icon
January 13, 2026
Madeed secures $400K in pre-seed funding led by Vision Ventures
Read More
Saudi delivery sector tops 124 mn orders in Q4-2025
News
Calendar Icon
January 13, 2026
Saudi delivery sector tops 124 mn orders in Q4-2025
Read More
Saudi Arabia to start exporting green hydrogen to Japan
News
Calendar Icon
January 13, 2026
Saudi Arabia to start exporting green hydrogen to Japan
Read More
Abunayyan Holding, Nextpower complete formation of JV Nextpower Arabia
News
Calendar Icon
January 12, 2026
Abunayyan Holding, Nextpower complete formation of JV Nextpower Arabia
Read More
Saudi Arabia, Japan ink 12 MoUs to boost investment across strategic sectors
News
Calendar Icon
January 12, 2026
Saudi Arabia, Japan ink 12 MoUs to boost investment across strategic sectors
Read More
Saudi Arabia, Canada sign 6 MoUs to boost investment ties
News
Calendar Icon
January 12, 2026
Saudi Arabia, Canada sign 6 MoUs to boost investment ties
Read More
Wadi Jeddah, Pure Advance join hands to empower tech startups
News
Calendar Icon
January 11, 2026
Wadi Jeddah, Pure Advance join hands to empower tech startups
Read More
NVSSoft’s Tarasol platform earns DGA accreditation
News
Calendar Icon
January 11, 2026
NVSSoft’s Tarasol platform earns DGA accreditation
Read More
E-commerce registrations rise by 9% to exceed 43K in Q4-25
News
Calendar Icon
January 11, 2026
E-commerce registrations rise by 9% to exceed 43K in Q4-25
Read More