Edaa signs MoU with Central Securities Depository of Türkiye

Logo of Saudi Securities Depository Center Co. (Edaa)

The Saudi Securities Depository Center Co. (Edaa) signed a memorandum of understanding (MoU) with the Central Securities Depository of Türkiye (Merkezi Kayıt Kuruluşu A.Ş.) to strengthen bilateral cooperation between the two markets.

The MoU aims to enhance operational, administrative, and technical procedures between the two markets and establish effective cooperation knowledge exchange programs.

This partnership will allow for the utilization of the expertise of both stock exchanges, exchange of financial market data, establishment of joint working groups, organizing training and orientation programs for employees for technology-related projects.

Edaa is committed to providing diverse investment opportunities to its stakeholders and developing an advanced capital market in Saudi Arabia. The MoU was signed in line with this commitment. It will contribute to achieving this goal.