{"id":89629,"date":"2024-09-15T00:00:00","date_gmt":"2024-09-15T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2024\/09\/15\/sp-upgrades-saudis-sovereign-credit-rating-outlook-to-positive\/"},"modified":"2024-09-15T00:00:00","modified_gmt":"2024-09-15T00:00:00","slug":"sp-upgrades-saudis-sovereign-credit-rating-outlook-to-positive","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2024\/09\/15\/sp-upgrades-saudis-sovereign-credit-rating-outlook-to-positive\/","title":{"rendered":"S&P upgrades Saudi\u2019s sovereign credit rating outlook to positive"},"content":{"rendered":"

S&P Global <\/strong>affirmed the Kingdom\u2019s long- and short-term foreign and local <\/strong>currency sovereign credit ratings at A\/A-1 and revised its outlook <\/strong>to positive from stable<\/strong>, according to a statement<\/a>. <\/p>\n

The rationale:<\/strong> The revised outlook comes on the back of expectations of continued non-oil growth under the government\u2019s wide-reaching USD 1.3 tn<\/a> economic transformation scheme. This comes as large infrastructure projects are recalibrated to manage public finances and the hydrocarbon sector sustains its resilience to shocks. <\/p>\n

What could drive a ratings upgrade:<\/strong> \u201cWe could raise the ratings over the next two years if reforms lead to steady growth in GDP per capita supported by continued momentum in non-oil growth,\u201d S&P wrote. <\/p>\n

Non-oil growth is on a positive trajectory:<\/strong> Saudi\u2019s non-oil GDP growth is expected \u201cto remain solid, fueled by the Vision 2030 boom in consumer spending, tourism, and construction,\u201d S&P said in a separate report<\/a> ahead of the rating action. The agency expects oil activities to have a smaller share of GDP, dropping to 24-26% (down from c.30%<\/a>) of the Kingdom\u2019s GDP as Vision 2030 projects drive domestic demand. S&P also sees non-oil growth being supported by growing investments in tourism, logistics, and manufacturing, alongside the recalibration of giga-project timelines to avoid overheating the economy. <\/p>\n

Oil reserves are still key to keeping the economy on an even keel: <\/strong>The Kingdom\u2019s vast hydrocarbon reserves and low-cost production have so far acted as a buffer against the effects of global energy transitions. As the world\u2019s largest swing oil exporter, the country is likely to retain its influence over global oil markets even \u201cin a future scenario where fossil fuel demand will largely be met by a smaller number of the most efficient producers,\u201d according to S&P. <\/p>\n

And to support spending on diversification plans: <\/strong>The hydrocarbon sector has been a key source of funding for diversification plans, with the government earmarking performance-linked dividends from Aramco towards powering infrastructure investments. The oil major\u2019s decision early this year to shelve plans to increase its maximum sustainable capacity target should lower its capex and possibly lead to greater dividend payouts. <\/p>\n

Despite an expected uptick in leveraging to finance megaprojects, Saudi\u2019s net asset<\/strong> position is expected to \u201cremain comfortably strong\u201d into 2027<\/strong>, S&P Global said. Saudi\u2019s net asset position is seen as holding above 40% of GDP for the next few years \u2014 down from an estimated 60% in 2023 \u2014 even with more borrowing by the government and PIF. Nevertheless, Saudi Arabia has rescheduled some of its project timelines to avoid overburdening its finances. <\/p>\n

Some risk remains: <\/strong>A sharper-than-expected fall in oil prices could challenge the positive outlook. Falling oil revenues could interfere with the implementation of diversification plans by placing a strain on public finances, supply chains, as well as the availability of skills, infrastructure, and housing. Slower GDP growth and an increase in geopolitical instability could also lead to a downward revision to outlook and ratings.<\/p>\n

But there\u2019s promising momentum ahead: <\/strong>S&P sees continued reforms boosting GDP per capita, with non-oil sectors expanding rapidly. Efforts to enhance domestic capital markets and workforce Saudization are also growth factors, alongside an expectation that FDI and portfolio investments will \u201cgradually increase from a low base,\u201d thanks to the new investment law<\/a> which levels the playing field for foreign investors. <\/p>\n

\n

OTHER KEY INDICATORS-<\/p>\n

Real GDP: <\/strong>S&P projects GDP growth to settle at 1.4% this year on OPEC-mandated oil production cuts, before picking up to 5.3% in 2025, 4% in 2026 and 3.6% in 2027.<\/p>\n

Fiscal deficit: <\/strong>The credit rating agency sees the government running deficits of 2% to 3% of GDP until 2027 on the back of large public investments.<\/p>\n

Inflation: <\/strong>The Kingdom\u2019s consumer price index is projected to average around 1.8%, stabilizing over the next few years at around 1.6%, thanks to food and fuel subsidies as well as the USD peg, with the caveat that further Red Sea-linked supply chain disruptions could turnaround those estimates.<\/p>\n

Sovereign debt: <\/strong>Government debt is expected to rise gradually to 28% of GDP by 2027, up from about 22% in 2023, but will be cushioned by SAMA and the PIF\u2019s reserves.<\/p>\n

Oil prices: <\/strong>Brent crude prices will stabilize around USD 85 \/ bbl in 2024, dropping slightly to USD 80 per barrel from 2025 to 2027.<\/p>\n

Oil production:<\/strong> Saudi\u2019s oil production is forecasted to average 9 mn bbl \/ d this year, down from 9.6 mn bbl \/ d in 2023.<\/p>\n","protected":false},"excerpt":{"rendered":"

The revised outlook is underpinned by expectations that non-oil growth will remain strong<\/p>\n","protected":false},"author":1,"featured_media":89630,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2571],"tags":[27,10,1365,1002,573],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-89629","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-economy","tag-enterpriseam-ksa","tag-non-oil-economy","tag-sp-global","tag-vision-2030","wpautop","entry"],"acf":{"mongo_id":"3e06b286-b3ce-450c-8c1a-7f63001d6535","order":"3","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/9\/712.jpg","photo_position":"above","homepage_title":"","full_issue_title":"S&P affirms Saudi\u2019s credit rating at A\/A1, revises outlook to positive","related_issue":[89624],"teaser":"The revised outlook is underpinned by expectations that non-oil growth will remain strong","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/9\/.d75cc1f0-2c91-419e-825d-60553845c1a7.mp3"},"yoast_head":"\nS&P upgrades Saudi\u2019s sovereign credit rating outlook to positive - KSA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/ksa\/2024\/09\/15\/sp-upgrades-saudis-sovereign-credit-rating-outlook-to-positive\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"S&P upgrades Saudi\u2019s sovereign credit rating outlook to positive\" \/>\n<meta property=\"og:description\" content=\"The revised outlook is underpinned by expectations that non-oil growth will remain strong\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/ksa\/2024\/09\/15\/sp-upgrades-saudis-sovereign-credit-rating-outlook-to-positive\/\" \/>\n<meta property=\"og:site_name\" content=\"KSA\" \/>\n<meta property=\"article:published_time\" content=\"2024-09-15T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/712.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/09\/15\/sp-upgrades-saudis-sovereign-credit-rating-outlook-to-positive\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/09\/15\/sp-upgrades-saudis-sovereign-credit-rating-outlook-to-positive\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"S&P upgrades Saudi\u2019s sovereign credit rating outlook to positive\",\"datePublished\":\"2024-09-15T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/09\/15\/sp-upgrades-saudis-sovereign-credit-rating-outlook-to-positive\/\"},\"wordCount\":726,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/09\/15\/sp-upgrades-saudis-sovereign-credit-rating-outlook-to-positive\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/712.jpg?fit=%2C&ssl=1\",\"keywords\":[\"ECONOMY\",\"EnterpriseAM KSA\",\"Non-oil economy\",\"S&P Global\",\"Vision 2030\"],\"articleSection\":[\"ECONOMY\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/09\/15\/sp-upgrades-saudis-sovereign-credit-rating-outlook-to-positive\/\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/2024\/09\/15\/sp-upgrades-saudis-sovereign-credit-rating-outlook-to-positive\/\",\"name\":\"S&P upgrades Saudi\u2019s sovereign credit rating outlook to positive - KSA\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/09\/15\/sp-upgrades-saudis-sovereign-credit-rating-outlook-to-positive\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/09\/15\/sp-upgrades-saudis-sovereign-credit-rating-outlook-to-positive\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/712.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2024-09-15T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/09\/15\/sp-upgrades-saudis-sovereign-credit-rating-outlook-to-positive\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/ksa\/2024\/09\/15\/sp-upgrades-saudis-sovereign-credit-rating-outlook-to-positive\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/09\/15\/sp-upgrades-saudis-sovereign-credit-rating-outlook-to-positive\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/712.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/712.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/09\/15\/sp-upgrades-saudis-sovereign-credit-rating-outlook-to-positive\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/ksa\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"S&P upgrades Saudi\u2019s sovereign credit rating outlook to positive\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#website\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/\",\"name\":\"KSA\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/ksa\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\",\"name\":\"KSA\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/42482.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/42482.svg\",\"caption\":\"KSA\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/ksa\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"S&P upgrades Saudi\u2019s sovereign credit rating outlook to positive - KSA","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/ksa\/2024\/09\/15\/sp-upgrades-saudis-sovereign-credit-rating-outlook-to-positive\/","og_locale":"en_US","og_type":"article","og_title":"S&P upgrades Saudi\u2019s sovereign credit rating outlook to positive","og_description":"The revised outlook is underpinned by expectations that non-oil growth will remain strong","og_url":"https:\/\/enterpriseam.com\/ksa\/2024\/09\/15\/sp-upgrades-saudis-sovereign-credit-rating-outlook-to-positive\/","og_site_name":"KSA","article_published_time":"2024-09-15T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/712.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/ksa\/2024\/09\/15\/sp-upgrades-saudis-sovereign-credit-rating-outlook-to-positive\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/ksa\/2024\/09\/15\/sp-upgrades-saudis-sovereign-credit-rating-outlook-to-positive\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"S&P upgrades Saudi\u2019s sovereign credit rating outlook to positive","datePublished":"2024-09-15T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/ksa\/2024\/09\/15\/sp-upgrades-saudis-sovereign-credit-rating-outlook-to-positive\/"},"wordCount":726,"publisher":{"@id":"https:\/\/enterpriseam.com\/ksa\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/ksa\/2024\/09\/15\/sp-upgrades-saudis-sovereign-credit-rating-outlook-to-positive\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/712.jpg?fit=%2C&ssl=1","keywords":["ECONOMY","EnterpriseAM KSA","Non-oil economy","S&P Global","Vision 2030"],"articleSection":["ECONOMY"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/ksa\/2024\/09\/15\/sp-upgrades-saudis-sovereign-credit-rating-outlook-to-positive\/","url":"https:\/\/enterpriseam.com\/ksa\/2024\/09\/15\/sp-upgrades-saudis-sovereign-credit-rating-outlook-to-positive\/","name":"S&P upgrades Saudi\u2019s sovereign credit rating outlook to positive - KSA","isPartOf":{"@id":"https:\/\/enterpriseam.com\/ksa\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/ksa\/2024\/09\/15\/sp-upgrades-saudis-sovereign-credit-rating-outlook-to-positive\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/ksa\/2024\/09\/15\/sp-upgrades-saudis-sovereign-credit-rating-outlook-to-positive\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/712.jpg?fit=%2C&ssl=1","datePublished":"2024-09-15T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/ksa\/2024\/09\/15\/sp-upgrades-saudis-sovereign-credit-rating-outlook-to-positive\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/ksa\/2024\/09\/15\/sp-upgrades-saudis-sovereign-credit-rating-outlook-to-positive\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/ksa\/2024\/09\/15\/sp-upgrades-saudis-sovereign-credit-rating-outlook-to-positive\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/712.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/712.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/ksa\/2024\/09\/15\/sp-upgrades-saudis-sovereign-credit-rating-outlook-to-positive\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/ksa\/"},{"@type":"ListItem","position":2,"name":"S&P upgrades Saudi\u2019s sovereign credit rating outlook to positive"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/ksa\/#website","url":"https:\/\/enterpriseam.com\/ksa\/","name":"KSA","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/ksa\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/ksa\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/ksa\/#organization","name":"KSA","url":"https:\/\/enterpriseam.com\/ksa\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/42482.svg","contentUrl":"https:\/\/ent.news\/internal\/42482.svg","caption":"KSA"},"image":{"@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/ksa\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/712.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/712.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/ksa\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/712.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/posts\/89629","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/comments?post=89629"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/posts\/89629\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/issue\/89624"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/media\/89630"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/media?parent=89629"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/categories?post=89629"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/tags?post=89629"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/brand?post=89629"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=89629"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}