April 2, 2024

Saudi Exchange Hits 400 Listings, Reflects Growing Capital Market Appeal

Saudi Exchange celebrated a significant milestone with its 400th listing, reflecting the growing appeal and dynamism of the Kingdom’s capital market. With 216 securities listed on the Tadawul All Share Index and 83 listings on the Nomu parallel market, along with various other securities including sukuk, bonds, real estate investment trusts, and exchange-traded funds, the exchange underscores its pivotal role in bolstering Saudi Arabia’s economy.

Nasser Al-Ajaji, chief of listing at Saudi Exchange, highlighted the milestone’s importance, attributing it to the Kingdom’s economic diversity and growth spurred by Vision 2030 initiatives. Tadawul’s rapid ascent to one of the world’s top ten largest exchanges underscores its significance as a key driver of economic development in the region.

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