The RIC CEO Ali Al-Mansour explained that the company joining ISLA is a result of its efforts to implement global standards related to investment products and related administrative processes.
RIYADH: Saudi Tadawul Group, the holding company behind the Kingdom’s stock exchange, on Wednesday announced it has appointed NCB Capital, JP Morgan, and Citigroup as financial advisors and global coordinators for its initial public offering (IPO) planned for later this year.
“The IPO will provide an important strategic dimension to realize the group’s expansion plans, strengthen its position globally, and align its growth objectives with the Public Investment Fund’s strategy to boost the economic transformation of Saudi Arabia,” the Saudi Tadawul Group said in a press statement.
Earlier this month, the Tadawul stock exchange announced it had become a holding company under the name Saudi Tadawul Group, with four subsidiaries. The four new Saudi Tadawul Group companies are Saudi Exchange (Tadawul), Securities Clearing Center Co. (Muqassa), Securities Depository Center Co. (Edaa) and a new company, Wamid.
It looks like this was the result of either:
A mistyped address
A broken link on our site
A broken link on a search engine results page
A broken link on someone else s page
Some things to try:
Use the navigation menu at the top Most Read
The Saudi Stock Exchange is ready for the IPO zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
The Saudi Stock Exchange is ready for the IPO arabnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabnews.com Daily Mail and Mail on Sunday newspapers.