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Saudis Open Stocks to All Foreign Investors to Boost Inflows

Buzz line2 months ago05 mins

(Bloomberg) — Saudi Arabia opened its equities to all foreign investors, the latest step in the kingdom’s efforts to boost flows into the Middle East’s largest market. The Saudi Capital Market Authority said it removed all restrictions that stipulate foreigners must meet certain qualifications to carry out transactions on the Saudi market. One such restriction…

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Saudi Stocks Drop Most Since April as Geopolitical Strife Mounts

Buzz line2 months ago03 mins

(Bloomberg) — Saudi Arabian equities fell the most in almost nine months as investors considered the possible fallout of geopolitical tensions in Yemen, Iran and Venezuela. The Tadawul All Share Index dropped 1.8% on Sunday, the most since US President Donald Trump’s tariffs roiled global markets in April, with all industry groups in the red….

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