“The setup that we have, the market momentum, our financial performance, all of these indicators just give us the comfort to say this is the right time to float the company and to be among developed exchanges and listed also on their platforms.”
-Khalid Al Hussan, Saudi Tadawul Group CEO, speaking with CNBC’s Hadley Gamble after the Tadawul announced its conversion into a holding company with four subsidiaries as it prepares for an initial public offering this year. [CNBC]
