![The Kingdom Tower, operated by Kingdom Holding Co., stands alongside palm tress in Riyadh, Saudi Arabia, on Saturday, Nov. 26, 2016. Saudi Arabia and the emirate of Abu Dhabi plan to more than double their production of petrochemicals to cash in on growing demand. Photographer: Simon Dawson/Bloomberg](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/TMJKKLD26YOD7TUADBAOS7ON3Q.jpg?smart=true&auth=8f8ae4b4057e0e2d5bd8b0e25ba8f061f13aa636183c0ac0a0dd07df03d8b164&width=400&height=225)
Saudi Arabia is the biggest shareholder in the Islamic Development Bank, which has 57 shareholding member states. Bloomberg
Saudi Arabia is the biggest shareholder in the Islamic Development Bank, which has 57 shareholding member states. Bloomberg
S&P affirms Saudi Arabia’s A- rating on growth, strong fiscal position
The rating agency also keeps its stable outlook for the country
Dania Saadi
30 March, 2019