Tadawul to unveil IPO plans in 2021, says CEO Al-Hussan

Tadawul to unveil IPO plans in 2021, says CEO Al-Hussan
A timeline for the planned Tadawul share sale will be provided this year. (AFP/File)
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Updated 28 January 2021
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Tadawul to unveil IPO plans in 2021, says CEO Al-Hussan

Tadawul to unveil IPO plans in 2021, says CEO Al-Hussan

The Saudi Stock Exchange (Tadawul) will announce its initial public offering (IPO) plans this year, CEO Khalid Al-Hussan said.

A timeline for the planned share sale will be provided this year, Tadawul CEO told Reuters on the sidelines of the Future Investment Initiative (FII) conference, adding that the listing could take place within two years.