Saudi Arabia to launch governance index for Tadawul firms, REITs

02/05/2019 Argaam

 

The Saudi Arabian General Investment Authority (SAGIA) will soon launch a new governance index for listed companies and Real Estate Investment Traded Funds (REITs).

 

It will cover all Tadawul-listed companies and all sectors including REITs, Al-Eqtisadiah newspaper reported, citing Ayedh Al-Otaibi Deputy Governor of SAGIA.

 

The new gauge will be co-launched with the Ministry of Commerce and Investment.

 

Some family groups were selected to assess the new index, he noted, adding that the results will be announced this year.

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