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Sunday, 4 September 2016

QuickTake Q&A: Saudi Stock Market Steps Up Bid for Foreign Cash - Bloomberg

QuickTake Q&A: Saudi Stock Market Steps Up Bid for Foreign Cash - Bloomberg:

"For the second time in 15 months, Saudi Arabia is loosening rules on foreigners investing in its almost $400 billion Tadawul Stock Exchange. The goal is to lure funds from overseas as the kingdom overhauls its economy to cut its dependence on oil revenue. Greater access for international investors may boost the chances of Saudi stocks being included in major emerging-markets equity indexes, potentially luring billions of dollars more."



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