RIYADH, 13 April 2005 — Tadawul has launched Personal Digital Assistance (PDA) service on mobile phones. The new service is available now for investors, dealers, shareholders, business journalists, and other web visitors seeking information on Saudi stock market. Mobile phone users of the new PDA service can brows the official website of Tadawul on their mobile phones using the same address and URL of www.tadawul.com on the web.
“The new bilingual service was designed to be convenient and cost effective in terms of access, browsing, and speed and downloading. PDA can be accessed by any user of mobile phone with GPRS feature.
“Before launching, the service was subjected to a testing and commissioning phase to ensure its quality and reliability. The frequent operational and technical tests assured efficiency and flexibility required for smooth, fast, safe browsing and downloading by the web users”, said Abdullah Al-Suwailemy, director general of Tadawul.
Using PDA service to browse Tadawul website on mobile phones will enable investors, dealers, shareholders, business reporters and many others to be updated around the clock with information on the stock market performance, share prices, indices, etc. They can have access to information which is updated every five minutes all the times from any place in the world, whether in the car, the business or recreation, explained Al-Suwailemy.
“Working with guidance and directives from Capital Market Authority (CMA), Tadawul is keen to keep abreast of latest information technology and electronic media applications in publishing the stock market news and information. Tadawul will continue to work closely with CMA to promote their objectives toward the highest standards of disclosure and transparency”, added Al-Suwailemy.