Al Riyadh for Development rated A- by S&P
Riyad Building Company, one of the listed real estate companies in the Saudi market, has received a long-term credit rating of "A-" from S&P Global Ratings for the first time, with a stable outlook. The rating reflects the strength of its financial position and the diversity of its income-generating assets. The company maintains liquidity and short-term investments approaching one billion riyals. Its strategy focuses on expanding its real estate portfolio and building recurring revenue streams to support sustainable growth. Its revenues for 2025 exceeded 517 million riyals, generating cash profits of 117 million riyals, while the value of its asset portfolio was approximately 4.2 billion riyals.
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