The Saudi Stock Exchange increases access to "growth" and shows a greater openness for the double inclusion
The Saudi Financial Market (Tadawul) aims to improve the access of individual investors to the parallel market “growth” by amending the legislation and regulations as it opens its doors to the double inclusion of funds to a successful experience with Hong Kong, according to Khaled Al -Hossan, CEO of the Saudi “Tadawul”. “There are reviews on the mechanism of rehabilitation of investors in the parallel market, and there will be legislation in the coming weeks that will provide greater access to individual investors,” according to the horse during the interview that took place on the sidelines of the “Financial Market Forum”, of which the work began today in Riyadh. The horse emphasizes the “tadawul” button that the parallel market reaches a high degree of maturity for investors and exporters. He added that the market, which includes more than 100 businesses, will see facilities to reach the market, and to develop presentation and listing procedures, the rehabilitation mechanism and others. The horse said a double insert for boxes on the other hand that the Saudi market is open to the double infections of the boxes in light of the consent of regulations and legislation therein, and to a double inclusion experience of investment cabinets spread on the Saudi Stock Exchange and the Hong Kong stock exchange, which expressed its optimism. “Double is an important tool for financial markets, the most important thing is to be successful. We started with the Hong Kong market in the inclusion of the boxes to test their investment’s attraction, whether on the Chinese or Saudi side. If there are requests from the Chinese side or other markets, we are ready to meet them, according to the horse and the Kingdom in the veterinarian in the veterinarian in the vet. of two boxes that Saudi shares follow in Hong Kong. Debt market in Saudi Arabia is expected to continue its activities this year, after 20% grew last year, driven by five most important engines that include: Vision 2030 initiatives, ‘financing needs of the budget deficit, diversification of the economy, the necessary obligations and continued reforms, according to a recent report issued by the’ fitch ‘ -classification.