Tadawul

Tadawul is the official stock exchange of Saudi Arabia, formally known as the Saudi Exchange. It was established in March 2007, evolving from the Securities Market Association which began in 1985. Tadawul is the largest stock exchange in the Middle East and North Africa region.

The exchange operates under the supervision of the Capital Market Authority (CMA) of Saudi Arabia. Tadawul is responsible for listing and trading securities, including shares of publicly traded companies, government bonds, and other financial instruments. It plays a crucial role in the Saudi Arabian economy by facilitating capital raising for businesses and providing investment opportunities for individuals and institutions.

In recent years, Tadawul has undergone significant modernization and expansion. This includes the introduction of new trading platforms, enhanced regulatory frameworks, and efforts to attract foreign investment. A major milestone was the initial public offering (IPO) of Saudi Aramco, the world's largest oil producer, which listed on Tadawul in December 2019, significantly increasing the exchange's market capitalization and global profile. Tadawul also introduced the Nomu-Parallel Market, a secondary market for emerging and growth companies, offering them a platform to access capital and gain public market experience. The exchange is committed to adhering to international standards and best practices in market operations and corporate governance.