The Chairman of the Board of the Saudi Capital Market Authority (CMA), Mohammed bin Abdullah Al-Qwaiz, met with the Governor of the General Authority for State Properties (GASP), Ehsan bin Abbas Bafaqeeh.

During the meeting, the two sides discussed the possibility of listing the first REIT fund that acquires government properties, and means of joint cooperation within the framework of the integration of roles between government sectors in light of Saudi Vision 2030, in order to achieve common strategic objectives.

The meeting reviewed the role and tasks of the General Authority for State Real Estate and its strategic initiatives that contribute to achieving its mission of preserving state real estate and raising its productive and economic efficiency through innovative solutions.

On the other hand, the main Saudi stock index ended today's session down 0.66% to lose 74.94 points, closing at 11342.85 points, and trades worth 7 billion riyals.

The head of advice at GIB Capital, Abdullah Al-Hamid, said in an interview with “Al Arabiya” that the offerings in the Saudi market carry strong competitive advantages in important sectors such as renewable energy, technology and other emerging and promising sectors with opportunities.

The number of shares traded amounted to more than 150 million shares shared by more than 300 thousand transactions, in which the shares of 44 companies recorded an increase in value, while the shares of 145 companies closed down.