SAUDI ARABIA: TADAWUL Announces Approval of Amended Rules and Procedures

Friday June 27 2025

On 26^th June 2025, the Saudi Exchange (TADAWUL) announced that the issuance of the Capital Market Authority (CMA) Board and its Board of Directors has approved the following:

• The Amended Listing Rules (click here) .
• The Amended Procedures for Trading in Suspended Listed Companies’ Shares Over the Counter (click here).
• The Amended Procedures of Suspending the Trading of Listed Securities in Accordance to the Listing Rules (click here).
• The Amended Trading and Membership Procedures (click here).

The amendments to the Exchange Rules and Procedures aim to solve the impact of splitting the nominal value of listed companies’ shares, in addition to enhancing the market efficiency through amending tick sizes in the Main and Parallel Markets except debt instruments in line with market dynamics.

It should be noted that the Amended Rules and Procedures shall be effective starting from its publishing date, while the effective dates for the following paragraphs will be as the following:

• subparagraph (8) of paragraph (c) of Article 37 of the Amended Listing Rules and subparagraph (6) of paragraph (a) of scope and application of the Amended Procedures of Suspending the Trading of Listed Securities in Accordance to the Listing Rules will be effective from its publishing date until the date of 05/01/1447AH corresponding to 30/06/2025G.
• The entry into force of paragraph (3-12) of article (3) of the Amended Trading and Membership Procedures will be on 06/01/1447AH corresponding to 01/07/2025G.
• The entry into force of the content of table (2) of subparagraph (8-1-1) of article (8) of the Amended Trading and Membership Procedures will be on 04/01/1447AH corresponding to 29/06/2025G.

Click on the above link for further information