Tadawul CEO expects to release cross-listing regulations in Q2: report

28/02/2019 Argaam

 

Regulations to allow companies from other Gulf countries to list on Saudi Stock Exchange (Tadawul) are expected to be finalized in the second quarter of this year, Reuters reported, citing Tadawul CEO Khalid Al Hussan.

 

The Capital Market Authority and Tadawul are working with potential investors in the Gulf countries on the new cross-listing rules, he disclosed.

 

“There was good interest from companies in the Gulf region to list on the Saudi market,” Al Hussan added.

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