Tadawul CEO Khalid Al Hussan to Speak at 2018 Morgan Stanley Saudi Arabia Conference

Press release

Published March 13th, 2018 - 08:49 GMT

Khalid Al Hussan, CEO of Tadawul

The Saudi Stock Exchange (Tadawul), announced today that Chief Executive Officer Khalid Al Hussan will attend and speak at the Morgan Stanley Saudi Arabia Conference in New York from March 12-13, 2018.

Khalid will participate in the Saudi Arabian Capital Market panel and discuss recent market enhancements, future plans for Tadawul and the changing perception of the Saudi market amongst international investors as a result of these changes. He will be joined on the panel by His Excellency Mohammed El-Kuwaiz, Chairman of the Saudi Capital Market Authority, Fahad Al-Saif, Head of the Debt Management Office and Advisor to the Saudi Minister of Finance and Henry Fernandez, CEO at MSCI.

Background Information

The Saudi Stock Exchange (Tadawul)

On the 19th of March 2007, the Council of Ministers approved the formation of The Saudi Stock Exchange (Tadawul). This was in accordance with Article-20 of the Capital Market Law establishing Tadawul as a joint stock company. Tadawul is the sole entity authorized in the Kingdom of Saudi Arabia to act as the Securities Exchange (the Exchange). It mainly carries out listing and trading in securities, as well as deposit, transfer, clearing, settlement, and registry of ownership of securities traded on the Exchange. The legal status, duties, and responsibilities of the Exchange and Depository Center are explicitly defined in the Capital Market Law (CML) issued by Royal Decree Number (M/30), dated on June 16, 2003. The Exchange is also the official source of all market information.