UPDATE 2-Saudi Arabia relaxes ownership limits for foreign investors
Saudi Arabia has relaxed a 49%
limit for foreign strategic investors in shares of listed
companies, aiming to attract billions of dollars of foreign
funds as the Kingdom opens up the region’s largest bourse to a
more diverse investor base.
limit for foreign strategic investors in shares of listed
companies, aiming to attract billions of dollars of foreign
funds as the Kingdom opens up the region’s largest bourse to a
more diverse investor base.
Posted by Reuters