Foreign investors ready for direct access to Saudi bourse
DeeperDive is a beta AI feature. Refer to full articles for the facts.
London
AS Saudi Arabia's US$500 billion-plus bourse prepares to open its doors to foreigners in June, outside investors appear ready to accept the political and financial risks as they finally get access to a market that rivals Brazil and Russia's.
Worth more than all other Gulf Arab markets combined, it is one of the last major global bourses to allow direct investment from foreigners and the opening is the most anticipated economic reform in the region in recent times.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result