CGI Inc., a prominent player in the Information Technology sector, has recently announced a strategic partnership with Tradeweb, an alternative trading system, to enhance the liquidity and efficiency of Saudi Arabia’s fixed-income market. This collaboration is particularly focused on integrating local-to-local trading for Sukuk and Saudi Riyal-denominated debt. By leveraging Tradeweb’s electronic execution platform alongside the domestic post-trade infrastructure provided by Muqassa and Edaa, CGI Inc. aims to align with Saudi market conventions, thereby streamlining settlement processes and ensuring a transparent audit trail for professional investors and local dealers.
This initiative is a significant step forward in the development of the electronic trading ecosystem in Saudi Arabia. It follows Tradeweb’s earlier launch of its alternative trading system (ATS) in the region, marking a continued effort to deepen electronic trading capabilities. CGI Inc.’s involvement positions the company as a key facilitator of market innovation in the Middle East, reflecting its commitment to expanding its IT and business process services across various global markets, including Canada, Northern Europe, France, the United States, the United Kingdom, Europe, and the Asia Pacific region.
CGI Inc. is listed on the Toronto Stock Exchange, with a market capitalization of 19.74 billion CAD. As of September 21, 2026, the company’s close price was 97.82 CAD, with a 52-week high of 131.97 CAD on January 7, 2026, and a 52-week low of 83.34 CAD on May 12, 2026. The company’s price-to-earnings ratio stands at 12.08, indicating its financial performance and market valuation.
This strategic partnership underscores CGI Inc.’s ongoing efforts to enhance its service offerings and expand its influence in the global IT services industry. By facilitating more efficient and transparent trading processes in Saudi Arabia, CGI Inc. not only strengthens its position in the Middle East but also contributes to the broader goal of advancing financial market infrastructure on a global scale.
