Saudi Arabia

Saudi Arabia

Foreign Firms Can Now List on Saudi Exchange

07 Oct 2019

On 7 October 2019, the Saudi Stock Exchange (Tadawul) announced allowing foreign companies to list on Tadawul upon the Capital Market Authority (CMA)'s approval of amended Listing Rules, including provisions related to foreign listing. Foreign companies will be subject to the same listing, disclosure and governance requirements as Saudi listed companies, and foreign shares will be traded on the Saudi Exchange.