Riyadh – The Saudi Stock Exchange (Tadawul) hosts “Ring the Bell for Gender Equality” in celebration of International Women’s Day 2020. The celebration was in presence of Princess Moudi bint Khalid bin Abdulaziz the Chairperson of Al Nahdha Foundation, Tadawul Chairperson Sara Al Suhaimi, Tadawul CEO Eng. Khalid Al Hussan, in addition to executives and female leaders from listed companies.
Tadawul joins over 90 stock exchanges around the world in ringing their market opening bells in partnership with the United Nations’ (UN) SSE initiative, marking the second celebration since joining the initiative as a partner exchange in 2018, to draw attention to the crucial role that business and markets can and must play in enhancing gender equality.
Tadawul recognizes the importance of supporting and mentoring the young women who are key to Tadawul’s future and is committed to improving the representation of women within the exchange. Female employees at Tadawul represent 24% of total employees.
Tadawul is also involved with a number of wider efforts to promote gender equality, it prides itself in being the first Saudi company to sign the Women’s Empowerment Principles in March 2019, and encourages the listed companies to empower female employees and maximize their participation level. Tadawul is always keen to support listed companies towards achieving equality, as some of the attending listed companies have joined the Women’s Empowerment UN’s initiative.
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Saudi Stock Exchange (Tadawul) is the authorized entity in the Kingdom of Saudi Arabia to act as the kingdom’s securities exchange (the Exchange), listing and trading in securities. The Saudi stock market is the 9th largest stock market among the 67 members of the World Federation of Exchanges and is the dominant market in the Gulf Cooperation Council (GCC). The Exchange is the 3rd largest stock market amongst its emerging market peers. For more information see: www.tadawul.com.sa.
Mohammed Al Abdullah
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© Press Release 2020