The Saudi Stock Exchange (Tadawul) has set up a new division for listing and appointed Nayef Al-Athel as its new head.


The move came as part of the organizational restructuring of the Markets Division at Tadawul, which came into effect on May 15, the bourse said in a statement.


Under the new division, a unit for local listing was formed with Abdullah Al-Dayel being appointed as its head.


Other two units for foreign listing and listing development were set up under the direct supervision of Al-Athel.

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