Alkhorayef Water & Power Technologies made a significant announcement on September 5th, 2023, revealing that it has been assigned a credit rating by SIMAH Rating Agency-Tassnief (licensed by the Capital Market Authority). The company has been awarded an impressive "A-" rating for its long-term prospects and a commendable "T-3" rating for its short-term outlook. This recognition is a testament to Alkhorayef Water & Power Technologies' financial stability and potential for growth in the industry. The assigned ratings are indicative of a strong credit profile. Tassnief has deemed the company to possess a commendable level of creditworthiness, thereby indicating a significantly minimal credit risk.
