Saturday, 12 November 2011

Will Saudi Arabia Open Its Stock Market? - Arabianomics

The Tadawul All Share Index, also known as the Saudi Stock Market, is closed to foreign investment. Only Saudis are permitted to buy and sell shares, and only Saudi companies can be listed on the exchange.

This may all soon change. Speculation that Saudi Arabia will open its stock market to foreign investors is becoming more common.

Saudi Arabia’s $330 billion bourse might slowly open up as early as next year.

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