Emblem of the Saudi Cellular Telecommunications Firm – Zain Saudi Arabia
The “Tasneef” company maintained a long-term credit standing of “A(pi)” and a short-term credit standing of “T-2” for the corporate. Cellular Telecommunications Saudi Arabia – Zain Saudi Arabia.
The company stated that these two scores are the power of the corporate’s credit standing, because the ranking considers that the issuer has excessive creditworthiness, and due to this fact low credit score danger.
She indicated that this classification displays the present market place of the Saudi Cellular Telecommunications Firm (Zain Saudi Arabia), its buyer base, its good community infrastructure, and its reasonable business and monetary traits.
The ranking additionally displays the corporate’s robust governance construction, supported by efficient inside controls, complete strategic planning capabilities, and its dedication to clear operations and disclosure practices, in accordance with the company.
She identified that the telecommunications sector within the Kingdom of Saudi Arabia reveals relative stability within the degree of dangers, as its income sources are much less affected by financial cycles, much like public utility corporations, due to the continual demand for telecommunications companies.
She famous that credit score scores are influenced by the corporate’s capability to develop its market share and successfully implement its strategic marketing strategy whereas sustaining improved revenue margins.
