The new Capital Market Authority (CMA) chief has announced a number of measures, including the formation of a capital market company, the establishment of independent investment funds and the launch of a new stock exchange system - to boost the local stock market.
Speaking to the Shoura Council’s financial committee, Abdul Rahman Al-Tuwaijeri, who is also secretary-general of the Supreme Economic Council (SEC), highlighted the kingdom's bid to restore market stability, Arab News reported.
