Home Industry Finance Ratings firm Fitch gets licence to operate in Saudi Standard & Poor’s became the first foreign credit agency to obtain such permission last year by Reuters April 10, 2017 Follow us Follow on Google News Follow on Facebook Follow on Instagram Follow on X Follow on LinkedIn Rating agency Fitch has obtained a licence to operate in Saudi Arabia, the country’s capital markets regulator said on Monday, as the kingdom tries to bolster its debt market. The Capital Market Authority (CMA) said in a statement it has licenced Fitch Australia Pty Ltd to conduct credit rating activities in the country. In late 2016, CMA approved a license for Standard & Poor’s, which became the first foreign credit agency to obtain such permission. Also read: Saudi Arabia says six credit agencies apply for licences 0 Comments