Saudis to impose 20% foreign ownership limit on stocks -paper
Overseas investors in the Saudi Arabian stock market will face restrictions including a 20 percent ceiling on combined foreign ownership of any listed stock, a major Saudi newspaper reported.
Saudi bourse soars to 6-and-a-half year peak
Blue-chip stocks lifted Saudi Arabia's bourse to a new six-and-a-half year peak on Sunday, while other Middle East markets were mixed as low volumes led to choppy trading and a lack of clear direction.
Tadawul reforms: USD50bn funds boost expected
The recent decision by the Capital Market Authority to open the stock exchange is a game-changer for Saudi Arabia, a top economic analyst commented Thursday.