Commercial Bathroom Touch Less Sensor Faucet at Tadawul Tower in Riyadh, KSA.
Saudi Exchange, also known as Tadāwul in Arabic (تداول السعودية), functions as the stock exchange for Saudi Arabia. Tadāwul was established in 2007 as a joint stock company and is the exclusive entity authorized to operate as a securities exchange in Saudi Arabia. However, its history dates back to 1954 when it operated as an informal financial market. Initially, it had only 14 listed companies throughout the 1970s and began gaining formal recognition with the establishment of the Saudi Company for Share Registration in 1980. It is subject to regulation by the Capital Market Authority but has transitioned to a partially self-regulated status since 2018. As of December 31, 2020, it had 203 publicly traded companies listed on its platform. Its trading hours, as of December 31, 2020, were from 10:00 AM to 3:10 PM, Sunday through Thursday.
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On February 25, 2006, the Tadawul All-Share Index (TASI) reached its highest level, reaching a peak of 20,634.86. Tadawul holds affiliations with various prestigious organizations, including the International Organization of Securities Commissions (IOSCO), the World Federation of Exchanges (WFE), the Arab Federation of Exchanges (AFE), and is also a participant in the United Nations' Sustainable Stock Exchanges (SSE) initiative. Tadawul's total share capital amounts to SAR 1.2 billion, which is divided into 120 million shares, each having a value of SAR 10.
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The focal point of the King Abdullah Financial District in Saudi Arabia, Tadawul Tower, is set to house the Saudi Stock Exchange, leading banks, and financial institutions, solidifying the nation's status as the Middle East's financial hub for many years to come. Chosen through a global competition, the building's distinctive angular design establishes a prestigious and iconic presence, reflecting Nikken's commitment to incorporating technology, sustainability, environmental consciousness, and sophistication. The facility boasts a Tier 4-certified data center, a cutting-edge stock trading engine, and an impressive ground-floor public data display, all of which are unparalleled features in the region.
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In situations where there is a high volume of pedestrians, it's essential to utilize touchless fixtures. FontanaShowers offers advanced designs for touchless faucets that not only have a stylish appearance but also contribute to environmental sustainability. Our range includes intelligent touchless electronic faucets and soap dispensers activated by motion, requiring minimal upkeep while demonstrating remarkable longevity. These fixtures serve as excellent improvements for restroom facilities, particularly in bustling public areas such as office buildings, airports, malls, and other similar locations, streamlining maintenance responsibilities.
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