DUBAI, April 10 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
(Reporting by Hadeel Al Sayegh, editing by Tom Arnold)