Saudi Arabia to allow foreigners to own up to 49% of listed stocks


09 Jan
09Jan


LONDON: 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. 
Read More...


 


Comments
* The email will not be published on the website.