Saudi Regulator Says Foreign Ownership Limits Under Review
تحليل معلومات السوق
مدعوم بالذكاء الاصطناعيSaudi Arabia's Capital Market Authority is reviewing rules limiting foreign ownership in local stocks, a move that could attract more overseas investors and open up the market further.
Market impact analysis based on bullish sentiment with 90% confidence.
سياق المقال
Saudi Arabia’s Capital Market Authority said a review of rules that limit foreign ownership in local stocks is underway as the kingdom looks to open further to overseas investors. This comes as Saudi Tadawul Group, the parent company of the Saudi Exchange, opened itself to all types of foreign investors for the first time as of Sunday, Feb. 1. Nayef Al-Athel, Group Chief Sales and Marketing Officer for the Saudi Tadawul Group, details the ramifications of these developments with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily. (Source: Bloomberg)
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