The GCC Exchanges Committee, chaired by The Saudi Exchange (Tadawul), published a unified set of ESG Disclosure Metrics, comprising 29 standards aligned with the World Federation of Exchanges and Sustainable Stock Exchanges Initiative.

Tadawul Advanced Solutions Company (Wamid), the innovation arm of the listed Saudi Tadawul Group Holding Company, launched a meeting management platform under the name Liqaa, and completed the acquisition of DirectFN, an award-winning capital markets data solutions provider.

Jada Fund of Funds Company invested in Iliad Partners venture capital initiative, Iliad Partners “Tech Ventures Fund I,”Aliph Capital’s GCC-focused “Aliph Fund I,” eWTP Arabia’s $1 billion fund, and Ruya Partners’ $250 million fund.

Saudi Real Estate Refinance Company (SRC) completed its largest refinancing deal with Alrajhi Bank for more than SAR 5 billion and completed a sukuk issuance of SAR 3.5 billion.

Saudi Tadawul Group (STG) announced its first M&A transaction, the acquisition by WAMID of a 51% stake in DirectFN. It also introduced new indices and Single Stock Options.

Saudi National Bank (SNB) delivered 10% growth in total assets to exceed SAR 1 trillion.

Gulf International Bank (GIB) KSA successfully raised SAR 1.5 billion through a debut issuance of a 10-year Tier 2 sukuk under the bank’s inaugural SAR 3 billion Tier 2 Sukuk program.

Sanabil Investments continued to serve and develop the Saudi Arabian
startup ecosystem through their innovative Venture Studio in partnership with Stryber, in which $14 million in capital has been deployed during the first year of operations.

Regional Voluntary Carbon Market Company (RVCMC) sold over 2.2 million tons of carbon credits at largest-ever voluntary carbon credit auction event in Nairobi, Kenya.

The Saudi Exchange (Tadawul) launched the Tadawul Size and IPO Indices.