Saudi Tadawul to attract $40.8bln investments | ZAWYA MENA Edition

Saudi Tadawul to attract $40.8bln investments | ZAWYA MENA Edition:

The Saudi Stock Exchange (Tadawul) is expected to attract foreign investments ranging between SAR 100 billion and SAR 150 billion in the coming period, especially after listing on the global indices, public relations manager Sulaiman Al-Askar said.



Foreign investors’ trading volume amounted to SAR 18.5 billion by the end of May, Al-Askar told Okaz newspaper.

The official further noted that the number of foreign investors in the Saudi bourse reached 191, expecting to increase by 28% soon, especially after adding Tadawul to the indices of MSCI Emerging Markets (EM) and FTSE Russell Emerging Market (EM).