Saudi Arabia is considering setting up a commodities bourse, Emirates24/7 reports. After Dubai’s commodities exchange, it could be the region’s second major commodities bourse.
The country may also establish a company with a capital of approximately $266 million in the near future to operate the bourse. The plan has been approved by the Ministry of Finance and will be put up for monarchical endorsement.
Click here for the story from Emirate24/7.