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Tadawul celebrates listing first company in IT sector
Published in Saudi Press Agency on 24 - 04 - 2019

The Saudi Stock Exchange (Tadawul) celebrated today the listing of Al Moammar Information Systems Company (MIS) on the Main Market, in the presence of Eng. Khalid Al Hussan, CEO of Tadawul, and Mr. Ibrahim Al-Moammar Vice Chairman of MIS. The listing, which took place at the Financial Sector Conference (FSC), marks the first company to be listed in the IT sector within a total of 201 listed companies.
On this occasion, Al Hussan, said: “We are pleased today to list the first company in the IT sector, and we look forward to expanding the number of companies listed in this promising sector. We provide listed companies with ongoing support by continuously working with the Capital Market Authority (CMA) to improve the listing rules, and collaborating with government entities to offer incentives catered for listed companies. We are also cooperating with the chambers of commerce all over the Kingdom to hold listing forums aiming to raise awareness and enhance our interaction with companies and all related stakeholders ."
On his end, Al Moammar commented: “We are very pleased to celebrate today the listing of Al Moammar Information Systems Company (MIS) on the Saudi Stock Exchange as the first IT company, in conjunction with the Financial Sector Conference (FSC). We look forward to continued contribution to the growth of the Saudi economy in general, and the digital economy in particular under Vision 2030."


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