Foreign investors could soon be able to buy shares on Saudi Arabia’s stock market, the biggest exchange in the Middle East.
Currently, foreigners are only allowed to invest in the Saudi stock market through complicated financial products offered by international investment banks with links to local brokers.
But officials are keen to open share-buying up to foreign investors and increase the capital available to local companies. The Saudi stock market, known as Tadawul, is valued at US$337 billion (£217 billion) and has 152 companies listed on it.
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