Mon, 2021-09-27 17:00
More than 50 companies are waiting to be listed on the Tadawul, according to the chairman of the Capital Market Authority.
Speaking at the Financial Sector Conference on Monday, Mohammed Al-Quwaiz said he expected to have over 30 listed by the end of the year.
“If we look at the numbers today we have over 50 files that are either offering or listing either in the primary market or the Tadawul market,” he said.
“Our expectation is obviously this is subject to market norms and the readiness of these businesses but we imagine that we will end the year with over 30 listed,” he added.
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