Saudi Stock Market Company

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.
More about the company
Address: NCCI Building, North Tower, King Fahd Road PO Box 60612 , Riyadh, SAUDI ARABIA

Saudi Stock Exchange

Tadawul

Joint stock

October 2001

966 1 2189999

webinfo@tadawul.com.sa

www.tadawul.com.sa

Related articles

Saudi bourse posts 37% drop in 2013 profit in debut disclosure

Saudi bourse posts 37% drop in 2013 profit in debut disclosure

Tuesday, 24 June 2014 6:47 PM

Commonly known as Tadawul, the market made a net profit of $40.5m last year after seeing reduced trading volumes

Saudi bourse looking to go public soon, says chief exec

Saudi bourse looking to go public soon, says chief exec

Wednesday, 7 May 2014 1:55 PM

Saudi Arabia's Tadawul stock market is by far the biggest in the Gulf region; set to hire advisor for IPO

Saudi Arabia's bourse hits new five-year high

Saudi Arabia's bourse hits new five-year high

Sunday, 23 March 2014 6:03 PM

Gulf kingdom's index sees gains in most sectors as global oil prices stabilise

Fitch upgrade lifts Saudi bourse to 68 month high

Fitch upgrade lifts Saudi bourse to 68 month high

Sunday, 9 March 2014 7:00 PM

Credit rating agency raises Saudi Arabia's long-term foreign and local currency issuer default ratings to 'AA' from 'AA-'

Upbeat earnings lift Saudi bourse to five-year high

Upbeat earnings lift Saudi bourse to five-year high

Wednesday, 15 January 2014 5:44 PM

Dubai, Abu Dhabi, Qatar and Kuwait stock markets also advance on Wednesday

Syrian crisis sparks crash in Gulf markets

Syrian crisis sparks crash in Gulf markets

Tuesday, 27 August 2013 6:27 PM

Escalation in tensions is catalyst behind big falls in Dubai, Saudi Arabia and Kuwait

Saudi stock market tumbles 4% in one day

Saudi stock market tumbles 4% in one day

Tuesday, 27 August 2013 4:54 PM

Impact of Syria crisis caused the kingdom’s biggest drop since August 2011

Saudi stock market gains after Eid holidays

Saudi stock market gains after Eid holidays

Tuesday, 13 August 2013 6:14 PM

Dubai bourse also closes higher, suggesting its bull run is not yet stalling

Saudi bourse tops 8,000 points for first time since 2008

Saudi bourse tops 8,000 points for first time since 2008

Monday, 5 August 2013 5:47 PM

Saudi index at its highest finish since Sept 2008 prior to closing for Eid holidays

Gulf markets may look to global sentiment in thin catalysts

Gulf markets may look to global sentiment in thin catalysts

Thursday, 18 July 2013 10:37 AM

Federal Reserve Chairman Ben Bernanke said the timeline for the US central bank to end its stimulus program was not set in stone

Gulf MSCI upgrades could push Saudi bourse to open up

Gulf MSCI upgrades could push Saudi bourse to open up

Thursday, 13 June 2013 12:11 PM

Upgrades of UAE and Qatar may lead Saudi to seek emerging market status - fund managers

Saudi bourse in talks with other GCC markets – CEO

Saudi bourse in talks with other GCC markets – CEO

Thursday, 9 May 2013 11:37 AM

Tadawul boss seeking closer ties with regional bourses amid relaxation of foreign investment rules

Saudi index closes higher despite Al Rajhi declines

Saudi index closes higher despite Al Rajhi declines

Saturday, 9 March 2013 12:56 PM

Gulf kingdom's all-share index rises 0.4%, driven by increases in US stocks on Friday

Saudi shares reverse early losses to close higher

Saudi shares reverse early losses to close higher

Saturday, 23 February 2013 12:42 PM

Gulf kingdom's all-share index rises marginally on Saturday despite petchems decline

Saudi shares close higher, led by banks

Saudi shares close higher, led by banks

Saturday, 16 February 2013 12:29 PM

Kingdom Holding stocks rise more than 2% after announcing stake deal in Chinese retailer

Saudi index closes higher, driven by banking sector

Saudi index closes higher, driven by banking sector

Saturday, 9 February 2013 12:38 PM

Gulf kingdom's all-share index climbs marginally on Saturday following previous day's oil price rise

Saudi shares close higher after oil price rise

Saudi shares close higher after oil price rise

Saturday, 2 February 2013 12:36 PM

Gulf kingdom's all-share index rises 0.2% but two largest stocks remain flat on Saturday

Saudi bourse breaks through 7,000 barrier

Saudi bourse breaks through 7,000 barrier

Saturday, 26 January 2013 12:38 PM

Kingdom's index rises 0.39% on Saturday, buoyed by advances by heavyweight stocks

Saudi shares close higher on telco sector rise

Saudi shares close higher on telco sector rise

Saturday, 19 January 2013 12:35 PM

Gulf kingdom's all-share index ends 0.2% higher despite drop in petrochemicals sector

Saudi shares close higher ahead of Q4 results

Saudi shares close higher ahead of Q4 results

Saturday, 12 January 2013 12:42 PM

Gulf kingdom's all-share index adds 0.6%, lifted by banking sector stocks


Related searches

Saudi's Alkhabeer to seek stock market listing

Tuesday, 13 August 2013 2:32 PM

Islamic investment company also plans to broaden portfolio around the Gulf region

Three Saudi firms fined for stock market disclosure

Monday, 21 June 2010 11:03 PM

Thirteen companies now fined for violating disclosure regulations since May 16.

Saudi plans to start foreign firm listings in 2013

Tuesday, 17 July 2012 7:15 PM

Stock market set to start cross-listing foreign companies next year; focus on Gulf firms

Telco to offer first IPO of 2011 in Saudi Arabia

Sunday, 10 April 2011 6:54 PM

Stock market regulator approves plan of Saudi Integrated Telecommunication Company

The new arms race

Friday, 13 September 2013 11:08 AM

Cyber attacks have been responsible for destroying nuclear centrifuges in Iran and computer networks in Saudi Arabia, as well as causing stock market crashes in the US. The threat today is larger than...

Tadawul rises for second day, to 0.4 percent

Saturday, 26 December 2009 10:44 PM

Saudi stocks rise as companies such as Sabic and Kayan climb the market.

Halwani sweetens plan to go public in Saudi

Tuesday, 13 November 2007 11:27 AM

Major food and sweet company aims to list on the Saudi stock market, CEO says

Saudi stock market correction to be ‘sharp and painful’

Sunday, 3 July 2005 4:00 AM

DISPROPORTIONATE valuations of listed companies in Saudi Arabia are making a “sharp and painful” correction in the region’s most capitalised market all the more likely, according to Japanese investment...

Kingdom Holding plans flotation on Dubai and London stock markets

Sunday, 5 February 2006 4:00 AM

Saudi investment group Kingdom Holding Company (KHC) is to float its hotels division on both the Dubai International Financial Market and the London Stock Exchange.

STC drives Saudi stock market on first day

Sunday, 26 January 2003 4:00 AM

Saudi Telecommunications Company (STC) made its debut on the Saudi stock exchange, January 25, opening at SR225 and climbing to SR237.

Saudi bourse takes private sector route

Sunday, 14 May 2006 4:00 AM

Saudi Arabia has announced plans to turn its stock market into a shareholding company open to the private sector, in a bid to help the stock market operate on more professional and transparent bases, and...

Alwaleed closes in on US$7bn flotation

Sunday, 27 August 2006 4:00 AM

Prince Alwaleed bin Talal is reportedly a couple of months away from a US$7bn flotation of his main investment vehicle, Kingdom Holding Company (KHC). According to UK press reports, Alwaleed, a member...

Officers
Board of Directors Position
Fahad Abdullah Al Mubarak
Chairman
Taha Abdullah Al Kuwaiz
Vice Chairman
Mansour Saleh Al Mayman
Board Member
Abdullah A. Al Hamoudi
Board Member
Abdulrahman A. Al Hamidy
Board Member
Ahmed Al Khateeb
Board Member
Ahmed Farid Al Aulaqi
Board Member
Abdulrahman Yahya Al Yahya
Board Member
Saud Bin Majed Al Daweesh
Board Member
   
Management Position
Abdulrahman Al Touaijeri
Governor
Abdullah Al Suwailemi
General Director
Major Shareholders
Name Country
Public Investment Fund
Saudi Arabia
This Week's Magazine »

Cover Story

One year on
Just 12 months after the UAE’s biggest ever merger, Aldar is back in the profits, back launching projects and has managed to clean up its balance sheet. Chairman Abubaker Seddiq Al Khoori tells Arabian Business how the Abu Dhabi developer completed one of the most remarkable corporate turnarounds in the country’s history.

Also in this issue

Subscribe Now