Emblem of Mohammed Al-Rumaih, CEO of Saudi Tadawul Firm
He stated Muhammad Al-Rumaih CEO of the corporate Saudi Arabia buying and sellingThe Saudi market has witnessed greater than 40 listings for the reason that starting of this 12 months, and there are greater than 40 firms which have already submitted an utility for itemizing with the Saudi Capital Market and Tadawul Authority, and counting the businesses which might be working to contract with a monetary advisor and underwriting supervisor, the quantity rises to between 80 and 100 firms in the primary market and the parallel market – Nomu.
Al-Rumaih added, in a session inside the Precedence Summit of the Future Funding Initiative – Asia, held in Tokyo, that the following stage for the Saudi market is to construct on this momentum and construct the trail for firms, stating: consent The Capital Market Authority has introduced the launch of Saudi certificates of deposit, as that is thought of the popular technique for firms to dual-list.
He defined that the Saudi market witnessed vital development within the variety of overseas traders throughout the previous ten years, noting that the very best development price in overseas traders throughout the previous two years was from Asian traders.
He said {that a} complete renewal of the derivatives market might be carried out throughout the first quarter of 2026, with the purpose of the market reaching its targets when it comes to threat administration, stating that this may have an effect on liquidity in the primary market, and if every market operates with the standard of the inventory market, this may contribute to growing liquidity and curiosity from native and overseas traders.
