MSCI could add Saudi Arabia as emerging market next year
Index compiler MSCI will consult with investors about adding Saudi Arabia to its broader stock indices and could make a decision to include it as an emerging market in June 2015, an MSCI official said on Tuesday.
Saudi bourse at 6-year high on foreign investment news
Saudi Arabia's bourse jumped on Tuesday after the kingdom's financial regulator said it would open the stock market to direct investment by foreign financial institutions in the first half of 2015.
Saudi Arabia to open USD530bn bourse to foreigners in early 2015
Saudi Arabia plans to open its stock market, the Arab world's biggest, to direct investment by foreign financial institutions in the first half of next year, the market regulator said.