Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) Company’s profits surged to SAR 129.8 million at the end of 2017.
Tadawul’s revenue soared 74% year-on-year to SAR 545.4 million last year, according to the company’s annual report.
The Saudi stock market ranked 25 among the biggest exchanges in the International Capital Market Association (ICMA), the report revealed.
The GCC bourse’s market capitalisation recorded SAR 1.691 trillion ($451 billion) at the end of 2017.
