---
id: 1060
title: "The Saudi Stock Exchange Wins the CFI.co MENA Award for 2013"
award_year: 2013
published: 2013-12-12 15:00:56
published_gmt: 2013-12-12 15:00:56
author: "CFI.co Editorial"
url: "https://cfi.co/awards/africa/2013/the-saudi-stock-exchange-wins-the-cfi-co-mena-award-for-2013/"
categories: ["Africa", "Exchanges & Brokers", "Finance", "Middle East"]
content_class: award_rationale
independence_status: independent_editorial
sponsor_disclosure: none
editorial_lens: constructive_positive_lens
historical_status: current_at_publication
correction_status: none
archive_policy: no_delete
provenance_layer: github_versioned
wayback_status: archived
wayback_first_snapshot: 20140209125703
wayback_snapshot_url: "http://web.archive.org/web/20140209125703/http://cfi.co/awards/africa/2013/the-saudi-stock-exchange-wins-the-cfi-co-mena-award-for-2013/"
license: CFI-OAAL-1.0
content_sha256: 607fde02b32052a8fc5426773e1ce59ea7e1d43e882ede3e7d46c74a4f4933c0
canonical: 1060-the-saudi-stock-exchange-wins-the-cfi-co-mena-award-for-2013.json
---

# The Saudi Stock Exchange Wins the CFI.co MENA Award for 2013

> Verbatim archived copy. Canonical machine record: `1060-the-saudi-stock-exchange-wins-the-cfi-co-mena-award-for-2013.json`.

<p style="text-align: justify;"><img class="aligncenter size-full wp-image-1061" src="https://cfi.co/awards/wp-content/uploads/2013/12/Tadawul.jpg" alt="Tadawul" width="300" height="158" /></p>
<p style="text-align: justify;"><strong>The importance of capital markets in helping drive sustainable economic growth is hard to overestimate.</strong> The CFI.co judging panel was extremely impressed with the achievements of several stock exchanges in the MENA region. However after careful consideration they decided to recognise the Saudi Stock Exchange (Tadawul) as ‘Best Stock Exchange MENA 2013’. The work the Exchange and the regulatory authorities have been doing to prepare for the opening up of the Saudi market internationally has been exemplary. The Saudi Stock Exchange is executing a well prepared and skilfully thought out plan that will increase market ability to help drive growth not only in Saudi Arabia but in the region as whole. The judges commented on the solid foundations and outstanding expertise of the Exchange.</p>