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20-02-14

Saudi Tadawul signs MoU with Bursa Malaysia

(MENAFN) The Saudi stock exchange (Tadawul) has signed a memorandum of understanding (MoU) with Bursa Malaysia to cooperate in exchanging knowledge and expertise, according to Arab News. The MoU was signed by Adel Saleh Al-Ghamdi, CEO of Tadawul, and Tajuddin Atan, CEO of Bursa Malaysia The two parties aim to explore future opportunities in matters related to capital market development, particularly in the area of Islamic finance. Tadawul also aims to deepen its ties and business relations with regional and international counterparts.