Saudi Arabia to allow foreigners to own up to 49% of listed stocks | Arab News:
"Foreign investors will be allowed to own up to 49 percent of shares on the Saudi stock market, according to a document published by the local regulator.
The Capital Market Authority (CMA) said that a single qualified foreign investor (QFI) would be allowed to hold as much as 10 percent of shares in a company or debt instrument.
In aggregate, foreign investors will be allowed to hold up to 49 percent of shares or debt, according to the CMA document."
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