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Saudi Exchange Aims to Broaden Market Offerings and Attract Foreign Listings

2024-02-20 12:21:14.787000

In a recent announcement, Saudi Exchange CEO Mohammed Al-Rumaih revealed plans to broaden market offerings, attract foreign listings, and strengthen the debt and derivatives markets. The exchange aims to provide more ways for issuers to list their companies and selectively bring in foreign listings. Additionally, the exchange will focus on developing the debt and derivatives markets. These efforts align with Saudi Arabia's goal of propelling the country's stock exchange and increasing trading activity. The announcement was made during the third edition of the Saudi Capital Market Forum, which aims to foster collaboration and innovation within the financial sector. [17c38b12]

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