Wed, 2019-09-04 01:19
DUBAI: The CEO of the Saudi Stock Exchange (Tadawul) said it has “a good pipeline” of initial public offerings (IPOs) in the coming months, and is ready to stage the biggest of them all, that of Saudi Aramco, whenever the government decides to launch it.
Speaking exclusively to Arab News as Tadawul marked its full inclusion in the MSCI index of emerging market (EM) bourses, Khalid Al-Hussan said: “Taking into account all the pressures that EM markets around the world are facing, we feel we’re in good shape, and we see a good pipeline of IPOs coming through.”
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