CYBEV

Saudi Market Regulator Chief Cites Leadership Directives on Fairness, Sets 90-Day Reform Window

Isha Kumar

Isha Kumar

Oct 4·2
166

The head of Saudi Arabia's capital market authority said the country's leadership has directed the regulator to pursue fairness and to work on resolving challenges in the market, according to ارقام : اخبار ومعلومات سوق الأسهم السعودي - تاسي. The same outlet reported that the official pointed to guidance from the Custodian of the Two Holy Mosques and the Crown Prince on creating justice and addressing market difficulties.

In his first interview since taking the post, the regulator's chief, identified in reports as Al-Sudairi, said reforms would be delivered within 90 days, according to sabq.org. He also said the share of individual investors in subscriptions should rise to 30 percent, a figure carried by both sabq.org and عكاظ.

Context around the remarks centers on a prolonged stretch without new listings. الاقتصادية reported that Tadawul has gone through its longest absence of initial public offerings in eight years, and framed the question of whether the authority's planned reforms will bring offerings back. The coverage also included a link titled "emergency supplement" from الشرق الأوسط, though no details from that item were available in the material provided.

The statements mark the new regulator chief's first public comments on his priorities, tying the reform timeline to leadership instructions and to a specific target for retail participation in offerings.

What to watch next: whether the authority publishes concrete measures within the stated 90-day window and whether new Tadawul listings follow.

#saudi market regulator#cma#al-sudairi#ipo individual share#tadawul listings

Read next

Be the first to react
·0 shares·166