Thursday 28 February 2019

#Saudi market cross-listing regulations expected in second quarter | Reuters

Saudi market cross-listing regulations expected in second quarter | Reuters:

Regulations to allow companies from other Gulf countries to list on Saudi Arabia’s stock market are expected to be finalised in the second quarter of this year, the chief executive of the Saudi bourse, Tadawul, said on Thursday.

Saudi Arabia’s Capital Market Authority and Tadawul are working with potential investors in the Gulf countries on the new cross-listing rules, Khalid al-Hussan, chief executive officer of Tadawul told a news conference.

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