The Saudi Capital Market Authority is considering 30 applications for listing in a trading, in a statement to the Chairman of Muhammad Al-Quwais.
According to Arab Net, President of the Commission in his speech at the Arab Stock Exchanges Conference 2021, under Saudi Arabia, trading played an important role during the past year in the initial subscriptions and collected 5.5 billion riyals, compared to 4.2 billion riyals in 2019, except for Aramco, which increased by Aramco 34%.
The forces explained that markets have experienced exceptional challenges because of Corona and precautionary procedures for his experience in 2020, but although economic work was affected by financial markets role in supporting the economy.
Al-Quwaz said, that 6 billion riyals were collected in capital increases for listed companies through the initial version of 2020 compared to only 100 million riyals collected in 2019, by a higher 60 times.
"We have seen significant growth in religion; Where about 200 billion riyals were collected in 2020 for 120 billion riyals in 2019 m 65%.
