The President of Board of Directors of Riyadh Chamber of Commerce and Industry Dr. Abdulrahman bin Abdullah Al-Zamil expressed his pride in the Kingdom's obtaining of the highest credit rating among Arab states and its proximity to the highest levels of classification in the world through the certificate awarded to it by the global credit rating agency ' Fitch ', which upgraded the Kingdom's sovereign rating from (AA-) to (AA) preceding directly the excellent rating (AAA). Dr. Al-Zamil said in a press statement today that this Advanced rating confirms the safety of the economic policies and transparent approaches pursued by the Government of the Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz Al Saud, pointing to the issuance of the State's budget for this year amounting to SR 855 billion, which is the largest budget in the Kingdom's history. He noted that the success of the Saudi economy in raising the level of its credit rating is also based on the Kingdom's possession of the largest oil reserves in the world, which supports the factors of attracting foreign investors and international companies to invest in the Kingdom.
