Autumn Upgrades Long-term Credit to A
Al Khareef Water and Energy Technology Company announced an upgrade of its long-term credit rating from "A-" to "A," and its short-term rating to "R2," by the rated financial classification agency approved by the Capital Market Authority. This upgrade reflects the strength of its financial position and the sustainability of its performance, based on clear strategic plans, its ability to generate strong cash flows, and continuous revenue growth. The new rating confirms its status within the investment grade, enhancing its capacity to execute expansion plans and continue meeting future funding needs.
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