He pointed out that CMA and the Saudi Stock Exchange (Tadawul) have completed their preparations to launch a new set of services that are crucial to investors of all types of companies listed in the capital market.

The launch of new services to investors and listed companies is considered to be an update on the Tadawulaty system that provides e-voting services and allows viewing of reports, portfolios and so on. These services will be launched later this month.

Al-Tuwaijri explained that the move is one of the authority's initiatives to boost the role of investors in the market and increase their awareness of their rights in listed companies in which they own securities. Tadawul has also developed the dividends reports through "Tadawulaty" that enables investors to inquire about dividends to which they are entitled.

This service will help in streamlining the follow-up mechanism for dividends of all companies in an easy and accessible manner. He also underlined the importance of the listed companies providing Tadawul with the information regarding dividends so that shareholders can keep tabs on any dividends that they did not receive.

The chairman also noted that the trading ban service is important in applying the listing rules and regulations. It is also important in raising the compliance level and promoting self-censorship in listed companies.

This service allows an electronic trading ban on board members and executives and their first degree relatives who comply with the instructions of trading ban during the periods preceding the results of the announcement of listed companies identified by CMA.

Al-Tuwaijri urged investors to take advantage of the service for stocks certificates queries, so they can deposit it in their investment portfolios. This will contribute to trading stocks easily, facilitate rapid access to cash dividends, and expedite the implementation of the dividends resulting from a grant or fragmentation or merger and facilitate mortgage equity, rights issue subscription and others.

Tadawul will also launch Tawasul service to enable listed companies to communicate directly with shareholders. This will help companies to strengthen their relationship with their shareholders for the adoption of best practices relating to investors relations.

Al-Tuwaijri stressed that the Tadawulaty service is considered one of the important steps to achieve the future and ambitious vision of the Saudi capital market. It seeks to activate the role of investors of all kinds and enable them to participate in the market and exercise their rights more effectively. He called on all investors to register for Tadawulaty to take advantage of all facilities.