Tadawul is the largest stock exchange in the Middle East
Tadawul is the largest stock exchange in the Middle East and the 11th largest in the world in terms of value traded, according to World Federation of Stock Exchanges
The stock exchange was the first fully electronic market globally and the first to implement real-time clearing and settlement with 0% errors
Largest banking sector in the Middle East and the most technologically advanced
Largest asset management industry in the Middle East with US$ 135.8bn under management, growing at an estimated rate of 12.2% per annum (source: SAMA and NCCI)
Emerging bond, insurance and reinsurance markets and emerging leasing industry
11 banks licensed plus 9 foreign bank branches
15 companies licensed by the CMA to engage in securities business – with another 20 licenses being processed
13 insurance companies licensed by SAMA.
3 specialised leasing companies but more expected.
Most of the leading professional service companies, including law, accountancy and consulting firms present