Saudi Exchange

Saudi Exchange (Arabic: تداول السعودية‎) or Tadāwul (Arabic: تداول‎) 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. However, trading began in 1954 through an informal financial market. In the 1970s, there were only 14 listed companies. The market acquired a more formal status as the Saudi Company for Share Registration in 1980. Tadāwul 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 the public listing.

Tadāwul is completely owned by the Saudi Public Investment Fund.