Riyadh – Mubasher: The Saudi Exchange (Tadawul) will be closed on Tuesday, 22 February, on the occasion of the Saudi Founding Day.

Trading activities will be suspended on that day and will resume on 23 February, according to a bourse statement by Tadawul.

In late January this year, King Salman of Saudi Arabia issued a royal decree announcing that 22 February will be a national holiday to celebrate the Founding Day, recognising the founding of the first Saudi state.