Tadawul Group aims to expand market access, deepen liquidity: CEO

Khalid Al Hussan, CEO of Saudi Tadawul Group Holding Co. (Tadawul Group)

Khalid Al-Hussan, CEO of Saudi Tadawul Group Holding Co. (Tadawul Group), said that the regulatory environment in the Saudi market continues to evolve, and the group is working to expand access to the Kingdom’s capital markets and deepen liquidity.

Opening the Main Market to all foreign investors will provide better access to a broader investor base, Al-Hussan said during the ninth edition of the Future Investment Initiative (FII9).

He explained that restrictions on foreign investor participation in Saudi capital markets are being phased out, starting with the fixed-income markets and followed by the Nomu-Parallel Market. Tadawul and the Capital Market Authority are currently consulting on removing restrictions in the Main Market (TASI).

Al-Hussan pointed out that this reflects the development of Saudi Arabia’s regulatory framework in line with increasing market demand.

Positive capital inflows continue into the Saudi market, with foreign investors’ ownership exceeding $110 billion, the CEO noted, adding that the number of qualified foreign investors surpassed 4,400 participants.