Mohammed Al Rumaih, CEO of the Saudi Exchange (Tadawul)
Mohammed Al Rumaih, CEO of the Saudi Exchange (Tadawul), said a dual listing is expected soon with a global market as some agreements were signed with global peers, such as Hong Kong Stock Exchange, Tokyo Stock Exchange and Singapore Exchange.
In a panel discussion at the Financial Sector Conference, Al Rumaih added that these agreements are like what Tadawul is working on with GCC peers, but it focuses on the financial technology sector.
The Saudi market recorded remarkable growth rates over the past years, marking one of the fastest rates in the world, Al Rumaih noted.
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