Khalid Al-Hussan, CEO ofSaudi Tadawul Group
“Tadawul Group is monitoring the dual listing process and has several requests received from regional and international companies to dual-list their shares on the market,” he said, adding that he expects some dual listings to take place in the future. 
Al-Hussan also indicated that one of Tadawul’s strategies is to diversify and deepen the market sectors to attract local and international investors, while opening new sectors in the market to add more companies.
The number of foreign investors in the Saudi market has evolved significantly, as it exceeded 4,200 registered investors, with foreign investors’ ownership exceeding SAR 360 billion. Foreigners started daily trading in the market which helped generating liquidity, according to the CEO.
The top executive further stated that amendments and updates will be applied to the listing conditions in the Nomu-Parallel Market shortly to cope with issuers and investors’ requirements in the market.
He revealed that Tadawul is working with public and private sector partners to develop the sukuk and bond market, where there are currently more than 70 issuances of debt instruments in the market worth more than SAR 600 billion.
Khalid Al-Hussan, CEO ofSaudi Tadawul Group
“Tadawul Group is monitoring the dual listing process and has several requests received from regional and international companies to dual-list their shares on the market,” he said, adding that he expects some dual listings to take place in the future.
Al-Hussan also indicated that one of Tadawul’s strategies is to diversify and deepen the market sectors to attract local and international investors, while opening new sectors in the market to add more companies.
The number of foreign investors in the Saudi market has evolved significantly, as it exceeded 4,200 registered investors, with foreign investors’ ownership exceeding SAR 360 billion. Foreigners started daily trading in the market which helped generating liquidity, according to the CEO.
The top executive further stated that amendments and updates will be applied to the listing conditions in the Nomu-Parallel Market shortly to cope with issuers and investors’ requirements in the market.
He revealed that Tadawul is working with public and private sector partners to develop the sukuk and bond market, where there are currently more than 70 issuances of debt instruments in the market worth more than SAR 600 billion.
