What is the name of the official stock market exchange of Saudi Arabia, which is the largest capital exchange in the Middle East and North Africa by market capitalization?
Answer and explanation
Correct answer: C. Tadawul (Saudi Exchange)
- Step 1: Identify regional stock exchanges: Formerly an informal over-the-counter system until modernized by the Capital Market Authority in 2007.
- Step 2: The Saudi Exchange (Tadawul), operated by the Saudi Tadawul Group, is the premier equities, sukuk, and derivatives market in the MENA region.
Answer
Tadawul (Saudi Exchange).
Why not the others: 'Boursa Kuwait' is Kuwait's stock exchange; 'ADX' is located in Abu Dhabi; 'DFM' is located in Dubai.
Practise more Economy, Financial System and Strategic Industries.
Free questions with an explanation for every one, and full timed General Knowledge (Saudi Arabia) mock tests.
More Economy, Financial System and Strategic Industries questions
- Which global petrochemical giant, founded in Riyadh in 1976 and largely acquired by Saudi Aramco in 2020, is one of the world's largest chem…
- What national aviation program, launched in 2023 with a mega-hub at King Salman International Airport in Riyadh, is Saudi Arabia's newest gl…
- Which international economic forum, whose membership is made up of 19 countries plus the European Union and the African Union, includes Saud…
- What is the standard Value Added Tax (VAT) rate in Saudi Arabia, which was increased in July 2020 to support state revenues during global ec…
- What high-speed electric passenger railway, inaugurated in 2018, connects the holy cities of Mecca and Medina via Jeddah and King Abdullah E…
- Which coastal industrial city on the Arabian Gulf, developed starting in 1975, is globally recognized as the largest industrial city on Eart…