RIYADH: Sarah Al-Suhaimi, the president of the Saudi Stock Exchange, claims that since the Kingdom unveiled its ambitious Vision 2030, Saudi Arabia has grown more alluring as an investment destination.
During the Saudi-US Investment Forum on Tuesday, Al-Suhaimi stated, “Eight years into Vision 2030, (it) has turned Saudi Arabia into a reliable and investible destination; this has been proven by numbers, and I think this is just the beginning.
She said that the Kingdom’s leadership and all those involved in the Saudi capital market had made it feasible to “create a globally integrated, open, and trustworthy” market for domestic and foreign players. I want to provide some examples of a very long relationship (between both nations), especially because we are in the Saudi-US investment forum.
When it comes to capital market infrastructure, one of them is our more than two-decade-old collaboration with the Nasdaq, an American stock exchange. We are now collaborating to upgrade such systems.
According to Al-Suhaimi, the Saudi Stock Exchange, also known as Tadawul, is one of the biggest stock exchanges in the world. Our highly developed exchange makes us among the tenth largest.
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