Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) ranked first among Arab peers in terms of shares turnover ratio with 42%, followed by the Egyptian Stock Exchange (EGX) with 40%, secretary general of Arab Federation of Exchanges (AFE) Fadi Khalaf said.

The Arab stock markets have significant growth opportunities, as well as attract foreign investments on the back of the recent developments and new financial instruments across the region, which in return increased shares turnover ratio, Khalaf added.

The top official also highlighted the Tadawul's expected growth after the anticipating listing on Morgan Stanley Capital International's (MSCI) index.