Saudi Exchange

📍 Riyadh, Saudi Arabia🗓 Founded 2007👥 307 employees💰 Last funded 2022
Financial Services🌐 saudiexchange.sa
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Saudi joint stock companies had their beginnings in the mid 1930’s, when the "Arab Automobile” company was established as the first joint stock company. By 1975 there were about 14 public companies. The rapid economic expansion, besides the Saudisation of part of the foreign banks capital in the 1970’s led to the establishment of a number of large corporations and joint stock banks. The market remained informal, until the early 1980’s when the government embarked on forming a regulated market for trading together with the required systems. In 1984, a Ministerial Committee composed of the Ministry of Finance and National Economy, Ministry of Commerce and Saudi Arabian Monetary Agency (SAMA) was formed to regulate and develop the market. SAMA was the government body charged with regulating and monitoring market activities until the Capital Market Authority (CMA) was established in July 2003 under the Capital Market Law (CML) by Royal Decree No. (M/30). The CMA is the sole regulator and supervisor of the capital market, it issues the required rules and regulations to protect investors and ensure fairness and efficiency in the market.
6
Total investors
0
Early stage
1
Mid stage
2
Late stage
2007
Founded

Investors

6 investors
All
Early stage
Mid stage
Late stage
Investor geography1 country
Saudi Arabia
6
Investor activity2011–2022 · investors recorded per year
201112014120151201712019120221
Recent (last 2y)Earlier
Frequently asked questions
Who invested in Saudi Exchange?
Saudi Exchange has 6 investors on record on gritt.io, 1 mid-stage and 2 late-stage investors.
When did Saudi Exchange last raise funding?
The most recent investment in Saudi Exchange recorded on gritt.io was in 2022.
When was Saudi Exchange founded?
Saudi Exchange was founded in 2007.
What industry is Saudi Exchange in?
Saudi Exchange operates in Financial Services. Find similar Financial Services investors on gritt.io.
Where is Saudi Exchange based?
Saudi Exchange is headquartered in Riyadh, Saudi Arabia.