Tadawul to facilitate retail investor access to market, says official

The Saudi Stock Exchange (Tadawul) is looking to facilitate retail investor access to the market, according to Mohammed Al-Rumaih, the chief of markets at Tadawul.

“Tadawul is also working on benefiting from fintech and other state-of-the-art technologies to develop and improve its system and infrastructure,” Al-Rumaih said on the sidelines of the Euromoney Conference 2019.

He also noted that Tadawul has implemented several amendments within the capital market over the last three years.

“We seek to provide support for small and medium-sized enterprises (SMEs) and fintech entrepreneurs,” Al-Rumaih added, expecting the related outcomes to appear in 2020.