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Tadawul
Saudi Exchange () or Tadāwul () is a stock exchange in Saudi Arabia. Tadāwul was formed in 2007 as a joint stock company and the sole entity authorized to act as a securities exchange in Saudi Arabia, but trading began in 1954 as an informal financial market. It continued as such with only 14 listed companies through the 1970s and began to acquire some formal status as the Saudi Company for Share Registration in 1980. It is regulated by the Capital Market Authority but has become partially self-regulating since 2018. It lists 239 publicly traded companies on the main market (as of 10 October 2024). It is among the world's largest stock exchanges, with a market capitalization exceeding US$3 trillion in July 2024. As of 31 December 2020, its trading hours are 10:00 AM to 3:10 PM, Sunday to Thursday. On 26 February 2017, the Saudi Parallel Market (Nomu) was launched as a parallel equity market with lighter listing requirements to provide companies an alternative platform for t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tadawul All-Share Index
The Tadawul All-Share Index (تداول, TASI) is the leading stock market index in Saudi Arabia. It comprises all companies listed on the Tadawul Stock Exchange. Index The Tadawul All-Share Index is a price index in which all stock corporations on the Tadawul Stock Exchange are listed. It reflects the development of the entire Saudi Arabian stock market. The index level is determined exclusively based on share prices and is only adjusted for income from subscription rights and special payments. The weighting is based on the market capitalization of the listed companies, with the weighting of large constituents being capped. Corporate actions such as share splits have no (distorting) influence on the index. The calculation is updated continuously during trading hours. The index was launched on February 27, 1985, under the name ''National Center for Financial and Economic Information Index'' (NCFEI Index). The base value was initially 100 points. On January 23, 1998, the index was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saudi Aramco
Saudi Aramco ( ') or Aramco (formerly Arabian-American Oil Company), officially the Saudi Arabian Oil Company, is a majority state-owned petroleum and natural gas company that is the national oil company of Saudi Arabia. , it is the fourth- largest company in the world by revenue and is headquartered in Dhahran. Saudi Aramco has both the world's second-largest proven crude oil reserves, at more than , and largest daily oil production of all oil-producing companies. Saudi Aramco operates the world's largest single hydrocarbon network, the Master Gas System. In 2024, its oil production total was 12.7 million barrels of oil equivalent per day, and it manages over one hundred oil and gas fields in Saudi Arabia, including 288.4 trillion standard cubic feet (scf) of natural gas reserves. Along the Eastern Province, Saudi Aramco most notably operates the Ghawar Field (the world's largest onshore oil field) and the Safaniya Field (the world's largest offshore oil field). [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Saudi Arabia
The economy of Saudi Arabia is highly reliant on its petroleum sector. Oil accounts for approximately 30% of Saudi GDP and 55% of government revenue, with substantial fluctuations depending on oil prices each year. The kingdom has the second-largest proven petroleum reserves, and the fourth-largest measured natural gas reserves. Saudi Arabia is currently the largest exporter of petroleum in the world. Other major parts of the economy include refining and chemical manufacturing from the oil reserves, much of which is vertically integrated in the state-owned enterprise, Saudi Aramco. Saudi Arabia is a permanent and founding member of OPEC. In 2016, the Saudi government launched its Saudi Vision 2030 program to reduce its dependency on oil and diversify its economic resources. By 2022, Saudi Arabia had only modestly reduced its dependence on oil. Monetary policy in Saudi Arabia is anchored by the fixed exchange rate of the Saudi Riyal to the U.S. Dollar. Nearly every maj ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Asian Stock Exchanges
This is a list of Asian stock exchanges. In the Asian region, there are multiple stock exchanges. As of 2025, the top 10 major stock exchanges in Asia as per market capitalisation are listed below. * Shanghai Stock Exchange, China * Tokyo Stock Exchange, Japan * National Stock Exchange, India * Bombay Stock Exchange, India * Hong Kong Stock Exchange, Hong Kong * Shenzhen Stock Exchange, China * Saudi Exchange, Saudi Arabia * Taiwan Stock Exchange, Taiwan * Tehran Stock Exchange, Iran * Korea Exchange, South Korea Asian stock exchanges UN subregion List of Asian stock exchanges by UN subregion. Central Asia Eastern Asia Northern Asia Southeast Asia Southern Asia Western Asia See also * List of ASEAN stock exchanges by market capitalization * Federation of Euro-Asian Stock Exchanges * List of stock exchanges References {{reflist External links Information pages for each of India's stock exchanges at Surf India Stock Exchanges As ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electronic Securities Information System
The Electronic Securities Information System (ESIS) was Saudi Arabia's stock exchange until it was replaced by Tadawul in 2001. ESIS was introduced in 1990 and administered by the Saudi Arabian Monetary Agency (SAMA). History The electronic trading system is considered the second largest event in the history of the securities trading industry in the Kingdom after the decision to regulate trading in the market in 1984 and then bore the name (Electronic System for Stock Information), the implementation of the automated Saudi stock information system (ESIS) began gradually at the beginning of the second half of In 1990 AD, one of its most important effects on the market was that it abolished the market segmentation In marketing, market segmentation or customer segmentation is the process of dividing a consumer or business market into meaningful sub-groups of current or potential customers (or consumers) known as ''segments''. Its purpose is to identify pr ..., and enabled th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Capital Market Authority (Saudi Arabia)
The Capital Market Authority (CMA; ) is the Saudi governments financial regulatory authority responsible for capital markets in Saudi Arabia. The CMA is a government organization applying full financial, legal, and administrative independence, and has direct links with the Prime Minister. Its responsibilities include setting and policing financial rules and regulations and developing the capital markets, this includes regulating the Tadawul, Saudi Arabia's stock exchange. CMA is the first government authority to receive accreditation in institutional structure maturity from the National Enterprises Architecture (NEA) of the e-Government Program Yesser. History Unofficially started in the early fifties and operated under its own rules until the government set its basic regulations in the eighties. The current Capital Market Law is promulgated and pursuant to Royal Decree No. (M/30) dated 2/6/1424H, (16 June 2003) which formally brought it into existence. Functions The CMA’s f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Investment Fund
The Public Investment Fund (PIF; ) is the sovereign wealth fund of Saudi Arabia. It is among the largest sovereign wealth funds in the world with total estimated assets of billion. It was created in 1971 for the purpose of investing funds on behalf of the Government of Saudi Arabia. The wealth fund is controlled by Crown Prince Mohammed bin Salman, Saudi Arabia's ''de facto'' ruler since 2015. More than 60% of the fund's activities are within Saudi Arabia. Within Saudi Arabia, the fund's investments primarily go to private conglomerates owned by prominent Saudi business families who have close ties to the Saudi ruling family. Outside Saudi Arabia the fund's investments into prominent foreign assets such as Premier League football club 2021 takeover of Newcastle United F.C., Newcastle United have generated controversy due to the fund's lack of transparency and close control by the Saudi government, which has itself faced significant criticism around the Human rights in Saudi Arab ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Federation Of Exchanges
The World Federation of Exchanges (WFE), formerly the ''Federation Internationale des Bourses de Valeurs'' (FIBV), or International Federation of Stock Exchanges, is the trade association of publicly regulated stock, futures, and options exchanges, as well as central counterparties (CCPs). It represents over 250 market infrastructure providers, including standalone CCPs that are not part of exchange groups. Its market operators are responsible for operating the key components of the financial world. It was founded in 1961 and is based in London, United Kingdom. Members To be a member, exchanges must adhere to the WFE Membership Criteria. Candidates are selected following a peer review. As of October 2023, the WFE had 69 members: * Abu Dhabi Securities Exchange * Amman Stock Exchange * Astana International Exchange * Athens Stock Exchange * Australian Securities Exchange * B3 Brasil Bolsa Balcão * Bahrain Bourse * Bermuda Stock Exchange * Bolsa de Comercio de ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saudi Parallel Market (Nomu)
The Saudi Parallel Market (Nomu) (), is a parallel equity market in Saudi Arabia launched the Saudi Stock Exchange (Tadawul) on 26 February 2017 with lighter listing requirements. Nomu serves as an alternative platform for companies to be publicly listed. The aim of Nomu is to provide additional sources of funding for issuers as well as improving the capital market. Requirements Listing in the Parallel Market requires a minimum market cap of SAR 10 million ($2.6 million), and at least 20% of the shares are owned by the public. Moreover, listing requires that at least 50 public shareholder A shareholder (in the United States often referred to as stockholder) of corporate stock refers to an individual or legal entity (such as another corporation, a body politic, a trust or partnership) that is registered by the corporation as the ...s are required at the time of listing. References Stock exchanges in Saudi Arabia Finance in Saudi Arabia Stock exchanges in Asia 2017 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stock Exchange
A stock exchange, securities exchange, or bourse is an exchange where stockbrokers and traders can buy and sell securities, such as shares of stock, bonds and other financial instruments. Stock exchanges may also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividends. Securities traded on a stock exchange include stock issued by listed companies, unit trusts, derivatives, pooled investment products and bonds. Stock exchanges often function as "continuous auction" markets with buyers and sellers consummating transactions via open outcry at a central location such as the floor of the exchange or by using an electronic system to process financial transactions. To be able to trade a security on a particular stock exchange, the security must be listed there. Usually, there is a central location for record keeping, but trade is increasingly less linked to a physical place as mod ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
