Moody’s granted li­cense to con­duct rat­ing ac­tiv­i­ties in Saudi Ara­bia

Muscat Daily - - BUSINESS -

Saudi Ara­bia’s Cap­i­tal Mar­ket Author­ity (CMA) has au­tho­rised Moody’s In­vestors Ser­vice to con­duct credit rat­ing ac­tiv­i­ties in the king­dom. Moody’s said it looks for­ward to deep­en­ing its role in Saudi Ara­bia’s debt cap­i­tal mar­kets, in­clud­ing through the estab­lish­ment of an of­fice in Riyadh.

“Given the King­dom’s in­creas­ing promi­nence in the debt cap­i­tal mar­kets, we look for­ward to build­ing on our two decades of ex­pe­ri­ence in the re­gion, and con­tin­u­ing to pro­vide in­sight­ful, trans­par­ent and pre­dic­tive credit rat­ings,” said Mon­ica Merli, Moody’s man­ag­ing di­rec­tor – re­gional head for Europe, Mid­dle East and Africa (EMEA).

“Es­tab­lish­ing an of­fice in Riyadh demon­strates our con­tin­ued com­mit­ment to the de­vel­op­ment of the debt cap­i­tal mar­ket in the king­dom,” said Je­had el Nakla, gen­eral man­ager - Moody’s In­vestors Ser­vice Mid­dle East.

Newspapers in English

Newspapers from Oman

© PressReader. All rights reserved.