Saudi Exchange Marks a Milestone with its 400th Listed Security The Saudi Exchange has hit a milestone of 400 listed securities In 2023, IPOs on the Saudi Exchange accounted for over 70% of GCC IPOs, with a robust pipeline supporting the Exchange’s accelerated growth to become one of the top 10 largest exchanges globally according to the World Federation of Exchanges The Saudi Exchange has welcomed its 400th listing across all securities. This achievement highlights the Exchange’s pivotal role in the Kingdom’s economy, underpinned by robust international investor interest and a diverse range of securities within a highly dynamic market landscape.... https://bit.ly/43G97v4 #SaudiExchange | تداول السعودية Saudi Tadawul Group #SaudiArabia #StockExchange #GCC #MiddleEast
Infoblaze Middle East’s Post
More Relevant Posts
-
Riyad Bank's board of directors is considering the possibility of doing an IPO and listing its subsidiary, Riyad Capital, on the main market of the Saudi Exchange. The Tadawul-listed bank said in a regulatory filing on Thursday that it would work together to conduct such an assessment and preparation, including determining the size, structure, and other relevant details of the IPO. Once approved, the potential IPO will require regulatory approvals, it said. Saudi Arabia's sovereign wealth fund, the Public Investment Fund, owns 21.75% of Riyad Capital, which provides asset management, wealth management, investment banking and brokerage services. LSEG data shows that Saudi Arabia is also a significant shareholder with 10.39% stake. #saudiarabia #saudi #riyadh #business #growth #economy #investment #banking #saudivision2030 #markets Source - Zawya
To view or add a comment, sign in
-
-
The Saudi Capital Markets Authority (CMA) has taken a strong stance against market manipulation, fining 13 investors a total of $11.4 million for violating capital market laws. Key takeaways: 1. Investors fined for manipulating stock prices: These individuals used illegal tactics to artificially inflate share prices for their own benefit. 2. Strict enforcement of regulations: The CMA is committed to maintaining a fair and transparent market for all participants. 3. Market continues to grow: Despite this incident, Saudi Arabia's stock exchange saw positive growth in Q4 2023, with an increase in listed companies and foreign investment. This case highlights the CMA's commitment to protecting investors and ensuring a healthy market environment in Saudi Arabia. #Saudiarabia #Saudivision2030
To view or add a comment, sign in
-
As the #Saudi_Exchange celebrates its 400th listing, Learn more about the progression of the Saudi capital market and how to become an issuer: https://bit.ly/3PMpele #400_listed_securities
To view or add a comment, sign in
-
-
#bourse 🔔 Saudi Stock Exchange achieves financial growth rate during the year 2024 estimated at 2.3 billion dollars Thus, it jumps to a total financial value estimated at $8.73 billion.💱💲 Therefore, the Saudi Stock Exchange is considered the first and strongest Arab financial market, and it even competes with the largest global stock exchanges. It also lists hundreds of companies in various fields, #industrial, #commercial, #service, #financial..📈 🔔 Therefore, it is expected to witness a greater growth rate in the coming years. #Stock_Exchange #markets #financial #devise #algerie #SaudiArabia #Kuwait #Egypt #Trading #global #hiring #up #finance #banque #bank
To view or add a comment, sign in
-
-
According to Bloomberg, four major IPOs in the kingdom generate significant interest from fund managers. Recent Saudi Arabian IPOs have generated billions of riyals in orders, according to a report. According to Bloomberg, Saudi Arabian companies had orders totaling SAR 659 billion riyals ($176 billion) in their initial public offerings (IPOs) over the past two years. #saudiarabia #saudi #saudia #IPO #share #shares #sharemarket #business #growth #economy #captalism Source - Bloomberg, Zawya
To view or add a comment, sign in
-
-
Saudi Exchange Achieves Milestone with 400th Listing. 🔹 Growing Prominence: Saudi Exchange celebrates its 400th listing across all securities, signaling its increasing significance in the capital market. 🔹 Diverse Offerings: With 216 securities on the Tadawul All Share Index and 83 listings on Nomu, the exchange provides a wide range of investment opportunities, including sukuk, bonds, real estate investment trusts, exchange-traded funds, and closed-end funds. 🔹 Economic Impact: Tadawul's milestone underscores its pivotal role in bolstering Saudi Arabia's economy, supported by strong international investor interest, reflecting the nation's dynamic growth driven by Vision 2030 and the Financial Sector Development Program. 🔹 Global Recognition: Rapid growth has propelled Tadawul to become one of the world's top ten largest exchanges and the largest in the Middle East and North Africa region, attracting global attention and investment. 🔹 IPO Leadership: Tadawul consistently ranks among the top 10 exchanges globally for IPO proceeds, with over 70% of IPOs in the Gulf Cooperation Council region occurring in Saudi Arabia in 2023, highlighting its dominance in the IPO landscape. 🔹 Market Performance: In 2023, Tadawul All Share Index grew by 14.2%, outpacing the benchmark MSCI Emerging Market Index by 4.4%, demonstrating the exchange's robust performance and growth trajectory. 🔹 Contribution to Growth: With SR11.9 billion raised through IPOs in 2023, Tadawul has significantly contributed to the global IPO landscape, driving continued growth in scope and scale. #SaudiExchange #CapitalMarket #InvestmentOpportunities #Vision2030 #FinancialSector #IPOs #MarketPerformance #EconomicGrowth #Investment #SaudiArabia #Riyadh
To view or add a comment, sign in
-
#Saudi_Tadawul_Group’s journey in 2023 marks a year of strategic growth through market enhancements providing sophisticated infrastructure for domestic and international investors, members and issuers. Read more about the Group’s progress in advancing the Saudi capital market. Annual Report 2023: https://bit.ly/4aGodD8
To view or add a comment, sign in
-
-
The Saudi Tadawul Group has released its 2023 Annual Report under the heading "A Regional Powerhouse with Global Ambitions." This comprehensive report showcases the Group's outstanding performance, noteworthy achievements, and strategic advancements that affirm its commitment to achieving its ambitions and pursuing an exceptional journey of growth. 🌍💫 Take a moment and dive into the Group's report to discover the remarkable progress that has been made over the past year! ✨ #SaudiTadawulGroup #AnnualReport2023
#Saudi_Tadawul_Group’s journey in 2023 marks a year of strategic growth through market enhancements providing sophisticated infrastructure for domestic and international investors, members and issuers. Read more about the Group’s progress in advancing the Saudi capital market. Annual Report 2023: https://bit.ly/4aGodD8
To view or add a comment, sign in
-
-
Saudi Arabia is likely to see over 50 initial public offerings (IPOs) this year, and has already seen 35 of these so far. This was revealed by Mohammed Al Rumaih, CEO of Saudi Exchange, at the EFG Hermes (EFG Holding) 10th annual investor conference in London on the theme ‘A New Era of Opportunities’. In 2018, the bourse saw five listings and then it went to eight in 2020, he added. There has been significant growth, which is mainly due to an ambitious program led by the Capital Market Authority (CMA). Read more: https://lnkd.in/dJDdJggE #SaudiArabia #IPO #Investemnt #Markets
To view or add a comment, sign in
-
-
Another milestone for the Saudi Exchange as it continues on its journey to diversify and develop. As the exchange reaches 400 listings, it is testament to the continuing strength of the equity and debt capital markets in the Kingdom. #saudicapitalmarkets #listings #saudiexchange
IPOs in Saudi Arabia accounted for 70% of all GCC offerings in 2023, raising over SAR 11.9 billion, (USD3 billion), contributing to the continued growth of the Saudi capital market. Become an Issuer: https://lnkd.in/dgTMmujQ #400_listed_securities
To view or add a comment, sign in