The Saudi Stock Exchange Wins the CFI.co MENA Award for 2013

The importance of capital markets in helping drive sustainable economic growth is hard to overestimate. The CFI.co judging panel was extremely impressed with the achievements of several stock exchanges in the MENA region. However after careful consideration they decided to recognise the Saudi Stock Exchange (Tadawul) as ‘Best Stock Exchange MENA 2013’. The work the Exchange and the regulatory authorities have been doing to prepare for the opening up of the Saudi market internationally has been exemplary. The Saudi Stock Exchange is executing a well prepared and skilfully thought out plan that will increase market ability to help drive growth not only in Saudi Arabia but in the region as whole. The judges commented on the solid foundations and outstanding expertise of the Exchange.