Saudi stock market regulator's IPO could be one to watch out

Saudi stock market regulator's IPO could be one to watch out for in 2021


Sarah Al-Suhaimi, current Chairperson of Tadawul's board of directors, will be Chairperson of Saudi Tadawul Group, andKhalid Al-Hussan will be the CEO. тАЬComprehensive capital market reforms are not only prudent, but essential to ensuring higher economic growth, and achieving the nation-wide goal of the successful delivery of Saudi's Vision 2030 and aligned with the strategy of the Public Investment Fund (PIF)," said Al-Suhaimi in a statement.
With the new holding company, the group expects to benefit from the тАЬintegration and synergiesтАЭ between the subsidiaries. тАЬThe operational independence of each subsidiary will create an agile environment supporting rapid responses to evolving market trends,тАЭ the statement added.

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