The Saudi Arabian General Investment Authority (SAGIA) will soon launch a new governance index for listed companies and Real Estate Investment Traded Funds (REITs).
It will cover all Tadawul-listed companies and all sectors including REITs, Al-Eqtisadiah newspaper reported, citing Ayedh Al-Otaibi Deputy Governor of SAGIA.
The new gauge will be co-launched with the Ministry of Commerce and Investment.
Some family groups were selected to assess the new index, he noted, adding that the results will be announced this year.
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