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Saudi Arabia attracts foreign investors
(MENAFN) A number of foreign firms and investors are contacting with Standard and Poor's Saudi Arabia, wanting to invest in the Kingdom, Al-Eqtisadiah reported, citing Meshari Al-Khaled, Managing Director of S&P Saudi Arabia.
S&P has been receiving studies from international investors on the Kingdom's economic condition and investment atmosphere, he emphasized.
Out of all the Tadawul-listed firms, 15 percent of the companies are rated by S&P, of which 80 percent are banks and insurance organizations, he affirmed.
In the meantime, Saudi Arabia has four approved rating companies, he added.
S&P has been receiving studies from international investors on the Kingdom's economic condition and investment atmosphere, he emphasized.
Out of all the Tadawul-listed firms, 15 percent of the companies are rated by S&P, of which 80 percent are banks and insurance organizations, he affirmed.
In the meantime, Saudi Arabia has four approved rating companies, he added.
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