Approving an organizational framework to offer Saudi deposit certificates in exchange for foreign shares
I announced The Capital Market Authority on the adoption of the organizational framework for offering Saudi deposit certificates in the local financial market, in exchange for export shares in Foreign markets , in a move aimed at deepening the Saudi financial market, and enhancing its role in forming capital, as well as raising their investment attractiveness and diversifying the financial products available to investors." target ="_Blank"> Organizational update in the context of the Commission’s continuous efforts to develop the market infrastructure, and create new investment tools that support the growth of the national economy, and are in line with the targets of the Kingdom’s 2030 vision aimed at converting the financial market into an attractive regional and global center. He offered certificates of deposit in the Saudi market, after completing the necessary requirements and obtaining official approvals. Home, taking into account some special organizational exceptions. In the market and developing the organizational structure of the financial sector, in order to support the protection of investors, and enhance the confidence of local and international investors in the Saudi market, which continues to consolidate its position among the most advanced emerging and global growth markets.
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