Saudi Arabia's stock exchange is in talks with several index providers, including influential index compiler MSCI, to become one of its component, the president of the Saudi Capital Market Authority (CMA) said.
"The kingdom is eligible to join emerging markets indicators like some of other markets in the region," Abdul Rahman Al-Tuwaijri was quoted saying by Saudi's state news agency SPA on Sunday.
No specific time-frame or details on the talks were offered in the statement.
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