Saudi exchange ‘aims to dominate Arabian Gulf markets’ | Arab News:
"The Saudi stock exchange, or Tadawul, aims to become the dominant market in the Arabian Gulf with further moves to encourage foreign investment, a leading forum was told on Thursday.
Sarah Al-Suhaimi, head of the Tadawul, told the Milken Institute MENA Summit in the UAE capital: “For this region to become significant in global terms there will have to be one main market and that is what we are working on. This thinking has already been happening. It is the will and intention of the Tadawul to grow itself and become the biggest stock exchange in the region.
“I also know that the Capital Markets Authority (CMA, the market regulator) has been working with other regulators in the Gulf Cooperation Council to have common regulations that would allow foreign companies to list in Saudi Arabia, or to have dual listings,” she said."
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