75 Days
Source:
الاقتصادية
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Source: الاقتصادية
75 Daysالاقتصادية
Source: الاقتصادية
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Changes in the leadership of the Saudi Capital Market Authority have sparked hopes for potential reforms to liberalize the stock market, including easing foreign ownership restrictions, which are among the main barriers to attracting foreign investments. It is expected that relaxing the current 49% limit, either by increasing it or removing it altogether, will attract billions of dollars to the Saudi market, especially with the upcoming deadline for improving the market’s international ranking within MSCI indices. This comes amidst the Kingdom’s efforts to diversify its economy and reduce reliance on oil, despite challenges posed by regional conflicts and the slowdown in new listings, as the government seeks to boost liquidity and attract more foreign capital.
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