The investment will accelerate the Gulf Mercantile Exchange’s growth as a regional commodities leader well-positioned to capture global commodity demand
A new ETF tracking Saudi equities was listed in Hong Kong last year, becoming the first product of its kind in Asia
The trading platform will be rebranded the Gulf Mercantile Exchange and expand in energy, metals and agricultural products as part of the deal
The offering could value the bourse at between $3bn and $4bn