Mon Apr 8, 2019 09:59:31

Tadawul Highlights Market Changes and Government Incentives for Listed Companies in the "Saudi Stock Exchange Listing Forum"

Qassim, Saudi Arabia; April 7, 2019: Tadawul organized the Listing Forum in collaboration with Al Qassim Chamber; in presence of HE Mohammed Al Kuwaiz, Chairman of CMA, Eng. Khalid Al Hussan, CEO of Tadawul, and Mr. Abdulaziz Al Humaid, Chairman of Al Qassim Chamber.

The forum included an open discussion with his Excellency Chairman of CMA and Tadawul's CEO that highlighted the important role of capital markets in supporting the Kingdom's economy whilst providing an opportunity for companies to access long-term strategic financing in order to support further business growth and expansion. The forum also provided an opportunity to explain various government incentives that support potential issuers to list on Tadawul.

The forum also discussed recent reforms in the Saudi market, especially the latest structural changes to Nomu – the Parallel Market –aimed at supporting the growth, development and sustainability of the market.