Saudi Firms That Could Feature on Qualified Investors’ Wish Lists - Middle East Real Time - WSJ:
"The Wall Street Journal lists the top 10 companies by market value that might interest foreign investors once the market is opened up for direct investment.
Of course, foreigners would still need to qualify to invest in the market. And the regulator also plans to impose foreign ownership limits that could be restrictive – such as an aggregate cap of 10% by market value, which includes any interests under swaps as well.
The Tadawul, as the market is known as, boasts of some of the biggest companies listed in the region. Not surprisingly, the list is headed by Sabic – with a market cap of about $103 billion, the petchem giant on its own dwarfs several other regional markets by value."
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