2023-10-03
The Capital Market Authority of Saudi Arabia has issued updated instructions mandating standardized disclosure requirements for all companies listed on the Saudi Stock Exchange (Tadawul). These regulations prescribe precise formatting, timing, and content standards for announcing financial results, administrative changes, capital alternations, dividends, contracts, financing, debt instruments, share transactions, lawsuits, and emergency events. Companies must publish all material developments through Tadawul’s designated channels in Arabic or identical English, ensuring compliance with continuing obligations under the Capital Market Law and Listing Rules to enhance market transparency.