Wednesday, 3 January 2018
While all eyes were firmly glued on speakers and the bold new mega project initiatives rolled out at the recent Future Investment Initiative organized by the Public Investment Fund (PIF) in Riyadh last year, Saudi Stock Exchange Tadawul’s CEO Khalid al-Hassan asserted that Tadawul aspired to be the main exchange in the region and to be the exclusive venue for the planned Aramco IPO listing. The Kingdom has not yet decided on a final venue for its dual Saudi-international listing, with ...
Wednesday, 21 June 2017
The Saudi Stock Exchange (Tadawul) has announced on Tuesday that it has been named by index compiler MSCI to be on the organization’s Emerging Market Index Watch List. “Saudi Arabia’s addition to the MSCI Watch List is an important milestone for Tadawul, and reflects the Kingdom’s significant progress in capital market reform in support of Vision 2030,” Market Watch quoted Sarah Al-Suhaimi, Chairperson of Tadawul, as saying. She added: “Potential inclusion in ...
Sunday, 26 February 2017
The Saudi Stock Exchange (Tadawul) is to launch on Sunday the ‘Nomu-Parallel Market,’ an alternative equity market with lighter listing requirements compared to the main market.Below are the six major differences between the main exchange and the parallel market:ListingParallel Market: Must be public offeringMain Market: Must be initial public offeringMarket CapitalizationParallel Market: 10 million riyalsMain Market: 100 million riyalsListing percentageParallel Market: Not less than ...
Saturday, 25 February 2017
The Saudi Stock Exchange (Tadawul) is to launch on Sunday the ‘Nomu-Parallel Market’, listing nine Saudi companies out 77 which applied to be listed on the index designed to buttress and further increase growth and business development of the financial market. Nomu-Parallel Market is an alternative equity market with lighter listing requirements compared to the main market.This will serve as an alternative platform for companies to go public, and the investment in this market will be ...
Monday, 5 December 2016
New developments on economic front necessitate changes to be reflected in the classification of companies
Tuesday, 20 October 2015
On June 15, the Saudi stock exchange, the Tadawul, became one of the last major emerging markets to let foreigners buy shares directly
Monday, 15 June 2015
By liberalizing Tadawul, Saudi Arabia is demonstrating its willingness to make a down-payment towards achieving these objectives
Saturday, 2 May 2015
Pan-Arab stocks reached their highest level since 2009 after Saudi Arabia confirmed its market will open up on June 15, says S&P
Thursday, 16 April 2015
The Saudi Capital Market Authority has announced the opening of the Saudi stock market for foreign investment
Monday, 29 December 2014
The $509 billion Saudi stock exchange or Tadawul is likely to be opened to foreign investors in April