What changes are happening with foreign investment in Saudi Arabia's stock market?

Saudi Arabia's Capital Market Authority is reviewing rules that limit foreign ownership in local stocks, aiming to open the market further to overseas investors. Saudi Tadawul Group has also begun accepting all types of foreign investors.

When did Saudi Tadawul Group start accepting all foreign investors?

Saudi Tadawul Group started accepting all types of foreign investors for the first time as of Sunday, February 1st.

Who discussed the opening of Saudi Arabia's market to foreign investors?

Nayef Al-Athel, Group Chief Sales and Marketing Officer for the Saudi Tadawul Group, discussed the ramifications of these developments on Bloomberg Businessweek Daily.

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Saudi Arabia Opens Doors to Foreign Investors

3 Feb

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Summary

Saudi Arabia is reviewing rules limiting foreign ownership in local stocks.
The kingdom aims to further open its markets to international investors.
Saudi Tadawul Group now accepts all foreign investors as of Feb. 1.

Saudi Arabia Opens Doors to Foreign Investors

Saudi Arabia's Capital Market Authority is currently undertaking a comprehensive review of existing regulations that impose limitations on foreign ownership within local stock markets. This strategic evaluation is part of the kingdom's ongoing commitment to enhancing its accessibility for international investors.

This development closely follows a landmark decision by Saudi Tadawul Group, the entity overseeing the Saudi Exchange. As of Sunday, February 1st, the group has opened its platform to accommodate all categories of foreign investors for the very first time. Nayef Al-Athel, Group Chief Sales and Marketing Officer for Saudi Tadawul Group, recently discussed the implications of these significant shifts on Bloomberg Businessweek Daily.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.

Saudi Arabia Opens Doors to Foreign Investors

3 Feb

•

Summary

Saudi Arabia is reviewing rules limiting foreign ownership in local stocks.
The kingdom aims to further open its markets to international investors.
Saudi Tadawul Group now accepts all foreign investors as of Feb. 1.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.