With a value of $2.7t, Saudi Arabia’s capital market is one of the strongest and fastest-growing investment destinations in the world, according to a top official. According to Sarah Al-Suhaimi, chairperson of Saudi Tadawul Group, initial public offerings are booming in the Middle East, with Saudi Arabia leading from the front in 2022. She added that listings in the region outpaced Europe last year.
“The future of the capital markets needs to be built, not to be anticipated. Saudi Arabia’s capital market has been developing at a pace, whether in terms of size, reach or diversity. It stands out as one of the strongest and fastest-growing investment destinations with a value of $2.7 trillion,” said Al-Suhaimi.