The Saudi Exchange celebrated the listing of Al Rajhi MSCI Saudi Equity ETF, an exchange-traded fund managed by Al Rajhi Capital, on the Main Market. Mr. Nasser Al Ajaji, Chief of Listing at Saudi Exchange, and Mr. Hussam Al Basrawi, CEO of Al Rajhi Capital, attended the listing ceremony.
Mr. Mohammed Al Rumaih, CEO of the Saudi Exchange, said: "We are pleased to welcome the Al Rajhi Capital MSCI Saudi Equity ETF to the Main Market of the Saudi Exchange. The listing of this ETF underscores the continued development and diversification of the Saudi capital market and reflects our commitment to expanding the range of investment products available to investors.”
Mr. Hussam Al Basrawi, CEO of Al Rajhi Capital, commented: “The launch of the Alrajhi MSCI Saudi Arabia ETF represents another milestone in our strategy to expand our investment solutions platform and deliver innovative products that create sustainable value for our clients. We remain committed to developing investment solutions that broaden market access, support portfolio diversification and contribute to the continued evolution of Saudi Arabia’s capital market.”
The Al Rajhi MSCI Saudi Equity ETF provides investors with exposure to the performance of the Saudi equity market by tracking the MSCI Saudi Arabia Index.
