Monday, 27 August 2012

Saudi market a work in progress - The National

The Saudi financial market is rather like the Tadawul Tower, the Riyadh building that will eventually house the country's stock market: potentially awesome but still under construction.

International investors have been eagerly anticipating "getting into" Saudi Arabia for years. The energy-fuelled economy is the biggest in the Arabian Gulf; it has the largest population in the GCC region with, potentially, a huge domestic consumer market.

The Tadawul All-Share Index is the region's biggest by market capitalisation and the financial and banking infrastructure, buoyed by historically high oil prices, is sturdy by even the most stringent of international benchmarks.

1 comment:

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