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Moody's, Fitch Grant Long-Term Issuer Rating to Saudi's Maaden

The Saudi Arabian Mining Company (Maaden) received its first credit ratings from Moody's at "Baa1" and Fitch Ratings at "BBB+" with a "stable" outlook. The two ratings reflect the leading multi-commodity producer's credit strength, commercial strength, and productivity. Maaden is among the fastest-growing mining companies in the world and the largest multi-commodity mining and metals company in the Middle East.
Saudi Arabia Public Investment Fund Fitch Ratings Saudi Arabian Mining Company Maaden Saudi Arabian Mining Company Robert Wilt
Source: aawsat.com

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Ma'aden buys 9.9% shares in Ivanhoe Electric to undertake one of the largest mining explorations

RIYADH: Saudi Arabian Mining Co., also known as Maโ€™aden, finalized a deal to purchase 9.9 percent shares of American mining technology company Ivanhoe Electric Inc. for $126.5 million and form a 50-50 joint venture to undertake one of the largest exploration projects ever. The joint venture will deploy $66 million of the $126.5 million to fund the exploration activities of at
Saudi Arabia United States Ar Riya Saudi Arabian Kingdom Of Saudi Arabia Robert Friedland

The Report: Saudi Arabia 2022 - Oxford Business Group

Saudi Arabia has undergone significant reforms to foster growth and diversification. While some initiatives were delayed during the Covid-19 pandemic, progress in areas such as the digital economy accelerated. Aided by elevated oil prices in 2022, strategies underlined in Vision 2030 continue moving forwards, and the Kingdom today presents ample opportunities for foreign investors, underpinned by efforts to boost private sector participation in the economy.
Ar Riya Saudi Arabia United Kingdom Red Sea Djibouti General Faisal Saad Albedah

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