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Tadawul will become a holding company in preparation for the public offering this year

Archyde April 7, 2021 by archyde Company announced The Saudi Stock Exchange “Tadawul” Its transformation into a holding group under the name of “Tadawul Group” that includes under its umbrella 4 companies: “Tadawul”, “Clearing House”, “Deposit” and “Wamda”. The Chairman of the Board of Directors of the Saudi Tadawul Group, Sarah Al-Suhaimi, confirmed in a virtual press conference to launch the new structure that this step comes to prepare the group for the initial public offering during the current year in addition to strengthening the position of the Saudi market on the global stage and raising its contribution to the local economy in line with Vision 2030.

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