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The Saudi Parallel Market (Nomu) (Arabic: السوق الموازية - نمو), is a parallel equity market in Saudi Arabia launched the Saudi Stock Exchange (Tadawul) on 26 February 2017 with lighter listing requirements. Nomu serves as an alternative platform for companies to be publicly listed.
View a machine-translated version of the Arabic article. Machine translation, like DeepL or Google Translate, is a useful starting point for translations, but translators must revise errors as necessary and confirm that the translation is accurate, rather than simply copy-pasting machine-translated text into the English Wikipedia.
Saudi Exchange (Arabic: تداول السعودية ) or Tadāwul (Arabic: تداول ) is a stock exchange in Saudi Arabia.Tadāwul was formed in 2007 as a joint stock company and the sole entity authorized to act as a securities exchange in Saudi Arabia, but trading began in 1954 as an informal financial market.
The Capital Market Authority (CMA; Arabic: هيئة السوق المالية) is the Saudi governments financial regulatory authority responsible for capital markets in Saudi Arabia. The CMA is a government organization applying full financial, legal, and administrative independence, and has direct links with the Prime Minister.
As of 2024, Saudi Arabia's GDP per capita has surpassed all other GCC countries except Qatar and the United Arab Emirates. Saudi Arabia's GDP per capita is estimated to be approximately $33,040 in nominal terms, ranking it 35th globally, and $70,333 in purchasing power parity (PPP) terms, ranking it as the 15th highest in the world [[15]]
The company has close ties to the Mohammed bin Salman government in Saudi Arabia. [6] King Salman's sons have chaired the company. [ 4 ] Its closeness to the government of Saudi Arabia has led it to be considered an outlet for the government in the west, particularly in the United Kingdom .
Saudi copyright law was issued as per Royal Decree No. M/41 dated August 30, 2003. The Saudi copyright protects all of the intellectual works of any type, and the author rights will be protected until a period of 50 years after his/her death.
King Fahd Complex for the Printing of the Holy Qur'an (Arabic: مجمع الملك فهد لطباعة المصحف الشريف) is a printing plant located in Medina, Saudi Arabia that publishes the Quran in Arabic and other languages. The company produces about 10 million copies a year. It has 1,700 employees.