The Federation of Saudi Chambers of Commerce and government and private entities are leading vigorous efforts to incentivize private sector companies to list on the Saudi Stock Exchange, which contributes to raising the rate of transparency, activating the government, supporting the sustainability of companies“ business and profitability, establishing the Saudi Stock Exchange as an advanced, technologically advanced and leading financial market among emerging markets and enhancing its contribution to the national economy.

In this context, an economic gathering revealed the formation of a government committee that includes ”the Capital Market Authority, Ministry of Commerce, Small and Medium Enterprises Authority, and Saudi Tadawul“ to find incentives for companies to list on the Saudi market and We worked during the past period on a number of initiatives and programs that were crystallized through a memorandum of understanding signed today between the Federation of Chambers and Saudi Tadawul aimed at increasing integration and coordination in exchanging information about the financial market, building the capabilities of national companies to enter the financial market, enabling them to list and other objectives.”

Ajlan praised the development witnessed by the Saudi financial market and related regulations and legislation, which contributed to the Kingdom achieving advanced ranks internationally, as well as the Saudi stock market joining global indices and the high percentage of foreign ownership in the market, hoping that the workshop will contribute