Monday 9 September 2013

No fresh move on Saudi bourse opening: regulator | Reuters

No fresh move on Saudi bourse opening: regulator | Reuters:

"Saudi Arabian officials are still discussing the opening of the stock market to direct foreign investment and no timetable has been set, the chief market regulator said on Sunday.

"We are still discussing the issue. I said this a few months ago and I don't think anything has changed," Mohammed bin Abdulmalik Al al-Sheikh, head of the Capital Market Authority, said at a securities industry conference.

"Some government entities are looking into the issue and once there is something we will announce it. So far there is nothing new.""

'via Blog this'

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