Tadawul chairwoman says 320 foreign institutions registered in stock market | Reuters:
Some 320 foreign institutions have registered as qualified foreign investors in the Saudi stock market and 200 more are expected to register, the Saudi stock exchange chairwoman said on Tuesday.
Sarah al-Suhaimi, chairwoman of the Saudi Arabian stock exchange (Tadawul) was speaking at an investment conference in Riyadh.
Global index provider MSCI classified Saudi Arabian equity market as an emerging market in June, which is expected to attract billions of dollars of passive funds.
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