55 Companies Submit to Include the Saudi Stock Exchange

The head of the Saudi Capital Market Authority, Mohammed Al -qweiz, revealed that there are 55 files in the authority for companies that want to include in the “Tadawul” scholarship, which describes it as varying size. The Saudi Stock Exchange was seventh in the world in 2024 in terms of the outcome of the proposals exceeding 4.3 billion, amid a momentum in the subscriptions, increasing the total value of the listed companies to about $ 2.7 billion. About 100 Saudi businesses have expressed their intention to apply for the listing in the market, according to the “numbers” data, and the system of government requires that the expected market value of all equities needed to be included in the main market (trading) should be no less than 300 million Riyale, and in the parallel market (growth) of 10 million drives. At least 30% of the company’s shares should be launched in the main market, while 20% of the company’s shares in the ‘growth’ market are satisfied, or 30 million rows, which are less. Al -qweaz said today before the ‘Future of Real Estate Forum’ in Riyadh that ‘real estate companies represent a larger share and the biggest start, either in the number of proposals or in terms of the amounts they collect through these proposals, and today in the financial market for 55 files for enterprises and a list of all types.’ Real estate funds assets, and Saudi Arabia today announced to allow foreigners to invest in companies listed in the financial market that own permanent or temporary real estate within the borders of the cities of the cities of Makkah and Al -Madinah Al -Munawwara in Makkah al -madinah al -munawaWarah Whether the future is available through the investment products in the investment products, or the investment products are available in the investment products in the investment products, or the investment products are available in the investment products in the investment products. Saudi Market must be funded for these specific development projects, “according to a statement issued by the Capital Market Authority. Also read: Saudi Arabia enables foreigners to invest in the shares of real estate enterprises in Makkah and Medina, according to Al -qweaz, the financial market system forms about half the finance. The volume of the assets managed in the kingdom is about one trillion Riyale, and that almost a quarter of these assets are managed, is managed in the real estate, with an A -growth period, and it is in the previous year’s growth price.