This chapter includes the following articles.
Capital Markets
![Saudi Arabia Capital Markets Saudi Arabia Capital Markets](https://drupal.oxfordbusinessgroup.com/sites/default/files/styles/chapter_header__710x233_/public/chapter_headers/CM1_18.png?itok=QJ9GDVEB&c=f153dbb77e00a14f0e2957031b00db91)
Capital markets in Europe, the US and Asia have experienced challenging times in the wake of the Covid-19 pandemic and Russia’s invasion of Ukraine. However, Saudi Arabia’s capital markets have experienced sustained growth, with high-value initial public offerings (IPOs), robust trading, and the Saudi Exchange showing the largest market capitalisation and liquidity of any country across the GCC as of mid-2022. The short and medium-term outlook appears promising, with a strong IPO pipeline, and confidence among foreign and domestic investors that 2023-24 will be an impressive period for the Saudi economy and capital markets.
This chapter contains interviews with Mohammed Al Rumaih, CEO, Saudi Exchange; and Rajiv Shukla, CEO, HSBC Saudi Arabia.