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Saudi joint stock companies had their beginnings in the mid 1930s, 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 1970s led to the establishment of a number of large corporations and joint stock banks. The market remained informal, until the early 1980s 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...
Cash markets,market data and indices,and asset services and depository
Saudi exchange operates in the Financial services industry.
Saudi exchange's revenue is 11m - 100m
Saudi exchange has 201 - 500 employees.
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