Saudi Tadawul edges towards liberalisation
Issue 974
- 18 Jul 2014
| 5 minute read
Steps to modernise Saudi Arabia’s Tadawul stock exchange – at $530.5bn, the Gulf Co-operation Council (GCC)’s largest by market capitalisation – have been painfully slow. The idea of opening the market to foreigners has been mooted for years, but still lacks the necessary regulatory framework – highly frustrating for international investors attracted by the kingdom’s potential for growth.
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