Saudi Stock Exchange (Tadawul)

Exchange entity Saudi Stock Exchange (Tadawul)
Conducts business in Saudi Arabia
Number of listed companies (10/15, WFE) 171
Domestic market capitalization (in Millions USD, 10/15, WFE) 434,531
Has signed the SSE Commitment Letter? No
Has prepared SSE Communication to Stakeholders? No
Requires ESG reporting as a listing rule? No
Offers written guidance on ESG reporting? No
Offers ESG related training? No
Provides sustainability-related indices? No
Has green bond listings? No
Additional Information
Organizational model of stock exchange
  • Governmental not for profit
Regulatory bodies
  • Capital Market Authority
Regulatory model
  • Government (Statutory) Model The Saudi Exchange has no regulatory power and all rules and regulation come from the Saudi Capital Market Authority.
About the stock exchange
  • Location: Riyadh, Saudi Arabia Saudi joint stock companies had their beginnings in the mid 1930’s, when the "Arab Automobile” company was established as the first joint stock company. By 1975 there were about 14 public companies. The rapid economic expansion, besides the Saudisation of part of the foreign banks capital in the 1970’s led to the establishment of a number of large corporations and joint stock banks. The market remained informal, until the early 1980’s when the government embarked on forming a regulated market for trading together with the required systems. In 1984, a Ministerial Committee composed of the Ministry of Finance and National Economy, Ministry of Commerce and Saudi Arabian Monetary Agency (SAMA) was formed to regulate and develop the market. SAMA was the government body charged with regulating and monitoring market activities until the Capital Market Authority (CMA) was established in July 2003 under the Capital Market Law (CML) by Royal Decree No. (M/30). The CMA is the sole regulator and supervisor of the capital market, it issues the required rules and regulations to protect investors and ensure fairness and efficiency in the market. Source
Ownership of Exchange (Shares >4% only) Share
Government of Saudi Arabia Public Investment Arm 100.00%