Saudi Tadawul to be ready for IPO by end-2020 – Chairperson | ZAWYA MENA Edition:
Saudi Arabia’s plan to list the Saudi Stock Exchange (Tadawul) for initial public offering (IPO) is not cancelled, regardless of the entry of foreign investors, Tadawul’s chairperson said.
Tadawul still awaits the completion of the listing procedures, Sarah Al Suhaimi added on the sidelines of the World Economic Forum (WEF) in Davos on Thursday. Al Suhaimi expected the completion of these procedures by the end of 2020 in order to take a decision regarding the IPO when it is ready.
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