Saudi Tadawul Group signs Singapore, Egypt & Qatar MoUs

Saudi Tadawul Group signs Singapore, Egypt & Qatar MoUs

- The agreements with the Singapore Exchange, Egyptian Exchange, and Qatar Stock Exchange will boost collaboration across key areas including dual listings, fintech and ESG standards

Riyadh: Saudi Tadawul Group today opened the annual Saudi Capital Market Forum 2023, held under the patronage of HE. Mohammed El-Kuwaiz, the Chairman of the Capital Market Authority (CMA). A highlight of the agenda is a series of strategic agreements with regional and international Exchanges, designed to further establish an advanced, integrated capital market infrastructure in Saudi Arabia, as well as drive innovation across global capital markets.

Building on the success of last year’s inaugural event, the strategic MoUs span several key areas to foster collaboration among regional and international Exchanges.

The MoUs will focus on sharing data and knowledge and collaborating across ESG, fintech. The Exchanges will also work to enable dual and cross listings with the aim of fostering further collaboration between their markets.

Khalid Al Hussan, CEO of Saudi Tadawul Group said: “Our aim is to collaborate with regional and international exchanges on areas ranging from dual listing, ESG, fintech, diversity and inclusion to achieve our goal of becoming an investment destination linking East and West. These agreements will also further our efforts to deliver