Saudi Tadawul Firm emblem
The Saudi Tadawul Firm introduced the issuance of a choice by the Capital Market Authority Board on November 24, 2025 approving the amended itemizing guidelines, a listing of phrases used within the amended market guidelines.
Tadawul defined in a press release that the proposed amendments purpose to develop the classes of certified buyers within the parallel market by including one of many classes categorised as certified buyers and updating the requirements and necessities that have to be met by the investor to be eligible to commerce and put money into the parallel market, which helps the expansion of the investor base within the parallel market.
The updates additionally included an modification to the market worth requirement for publicly owned shares and an modification to the entire market worth requirement on the itemizing date for all shares required to be listed within the parallel market, along with particular amendments with the purpose of harmonizing with the rules of the Capital Market Authority, in accordance with what was amended in implementation of the Corporations Regulation.
The next tables present probably the most notable amendments:
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Amendments to the necessities for itemizing within the parallel market
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Goal group
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Requirement
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Replace
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Exporters
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The minimal complete market worth in a public providing within the parallel market
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Elevating the requirement from 10 million riyals to 50 million riyals
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The minimal market worth of shares owned by the general public when itemizing is lower than (20%) to the general public.
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Elevating the minimal requirement from 30 million riyals to 50 million riyals, with the introduction of a situation that public possession of the category of shares topic to the request not be lower than 10%.
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Amendments to the classes of certified buyers within the parallel market
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Goal group
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Earlier requirement
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The brand new requirement
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Buyers
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He will need to have made transactions within the inventory markets whose complete worth is at least 40 A million riyals, and the variety of transactions executed throughout the previous twelve months should not be lower than ten transactions.
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He will need to have made transactions within the inventory markets whose complete worth is at least 20 A million riyals, and the variety of offers executed throughout the previous twelve months should not be lower than six offers.
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