MSX CEO seeks 2 dual listings with Tadawul

13/02/2023 Argaam
Logo ofMuscat Stock Exchange (MSX)

Logo of Muscat Stock Exchange (MSX)


Muscat Stock Exchange (MSX) is working on two dual listings with Saudi Exchange (Tadawul), MSX Chief Executive Officer (CEO) Haitham Al-Salmi said in an interview with Asharq News.

 

On the sidelines of Saudi Capital Market Forum, Al-Salmi added that MSX is cooperating with Omani Investment Authority (OIA) to list at least three affiliates– two of which operate in energy and the third in industrial sector – among 30 companies the sovereign wealth fund plans to exit within five years.

 

Last December, Tadawul signed an agreement with MSX to enable dual listing for companies looking to simultaneously list shares in both Saudi Arabia and Oman, Argaam earlier reported.

 

On Dec. 12, 2022, Tadawul witnessed the first dual listing of Americana Restaurants International as a concurrent and dual listing in Saudi Arabia and UAE.

 

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