The initial public offering of Saudi Arabian Oil Co. (Saudi Aramco) will likely put Saudi Stock Exchange (Tadawul) among the world’s top ten markets in terms of market share, said Khalid Al-Hussan, Chief Executive Officer (CEO) of Tadawul on the sidelines of an event organized by Riyadh Chamber of Commerce today.

 

“Tadawul is ready for the oil giant’s public offering,” Al-Hussan stated.

 

He also said that Saudi Aramco’s offering will likely help attract more foreign investments, given the market’s recently-implemented package of financial reforms.

 

For more details about Saudi Aramco IPO

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