Moody's Ratings upgraded Saudi Arabia's sovereign rating for the first time since the company first assessed the kingdom in 2016. According to a statement on Friday, the rating company took the kingdom's creditworthiness up a notch to Aa3, its fourth-highest grade. The rating was driven by continued progress in KSA's economic diversification and a better outlook for the non-oil sector.
Moody's upgraded Saudi Arabia's sovereign rating from A1 to Aa3
1st time since the company first assessed the kingdom in 2016
24 November, 2024
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ReTech Reinsurance Brokers | شركة رتك لوساطة اعادة التأمين
in Saudi Market
ReTech Reinsurance Brokers | شركة رتك لوساطة اعادة التأمين
24 November, 2024