Moody's Confirms Saudi Arabia's Rating at Aa3
RIYADH — Moody's has affirmed Saudi Arabia’s sovereign credit rating at “Aa3” with a stable outlook, citing the Kingdom’s strong economy, vast oil wealth and continued progress under Vision 2030 reforms.The agency said on Friday the rating reflects the resilience of the Saudi economy, supported by its large hydrocarbon resources and strong competitive position in global energy markets, alongside improvements in government institutions and policy effectiveness.Moody’s also highlighted the positive impact of Saudi Vision 2030 in driving non-oil economic growth through sustained government invest