Saudi Arabia could shortly open its stock exchange to foreign investors, Deutsche Bank's head of Mena equities said, a move which would allow international capital to own shares outright on the Middle East's largest bourse for the first time.
"I do see it happening very soon," Ahmed Beydoun told Reuters in a telephone interview.
"The Saudis have been very vocal in the last month on that and their desire to be included in MSCI. They say they would like to open up but all the factors have to be considered."
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