Strategic Partnerships Driving Market Integration

A landmark achievement was Saudi Tadawul Group’s acquisition of a 32.6% stake in Dubai Mercantile Exchange (DME) Holdings Limited, now rebranded as Gulf Mercantile Exchange (GME). This strategic move extended the Group’s presence into the commodities sector and further diversified its revenue streams.

Collaboration with Hong Kong Exchanges and Clearing Limited (HKEX) marked another milestone in advancing cross-border investment opportunities. The partnership strengthened connectivity between Saudi Arabian and Asian capital markets, leading to the launch of Saudi Arabia’s first ETF designed to track the MSCI China Hong Kong Index, which raised over USD 1.2 billion.

Saudi Tadawul Group and Bahrain Bourse signed a landmark cooperation agreement focused on strengthening connectivity and integration between the 2 markets.

In Africa, Saudi Tadawul Group signed an MoU with Johannesburg Stock Exchange to bolster economic ties and enhance financial market collaboration. The agreement is designed to serve as a catalyst for growth, innovation and technological advancement in both markets.

Key Events Showcasing Global Leadership

Saudi Tadawul Group hosted several flagship events that demonstrated its leadership in global financial markets. The Capital Markets Forum (CMF) Saudi was held in Riyadh under the patronage of His Excellency Mohammed Al-Jadaan, Minister of Finance and Chairman of the Financial Sector Development Program Committee.

Saudi Tadawul Group took CMF beyond Saudi borders for the first time when it hosted CMF Hong Kong to further strengthen ties with Asian markets. It facilitated the signing of pivotal MoUs and partnerships, including those with HKEX, enhancing cross-border collaboration and promoting Saudi Arabia as a premier investment destination.

Later in the year, the CMF Saudi-UK Dialogue in London fostered bilateral relationships with the UK financial market, deepening collaboration and increasing market integration between the 2 nations.

Engaging at Global Forums

Through the Group’s leadership and support, the HSBC GCC Conference has become a premier annual flagship capital markets event in London, bringing together all GCC exchanges to showcase the region’s dynamic market developments. As a driving force behind this initiative, Saudi Tadawul Group plays a pivotal role in engaging with international investors, highlighting the region’s investment opportunities, and positioning the GCC as a thriving global financial hub.

At the JP Morgan Saudi Arabia Investment Forum in New York, the Group reinforced its positioning as a global financial hub and engaged with key Stakeholders on emerging opportunities in the Middle East. Participation in the Global CSR Forum aligned Saudi Tadawul Group with international best practices in sustainability, strengthening its competitiveness in the evolving global financial landscape. The S&P Indices Thought Leadership Seminar further supported diversification efforts, exploring opportunities in the Asia-Middle East corridor and multi- asset investment strategies.