Opening Saudi stock market for foreign investment enhances transparency

Published April 8th, 2015 - 12:00 GMT
Al Bawaba
Al Bawaba

Prince Fahd bin Muqrin bin Abdulaziz has explained that opening the Saudi stock market to foreign investments was aimed at enhancing transparency, quality and efficiency in the market. He pointed out that the economy of the Kingdom of Saudi Arabia is witnessing unprecedented leaps as a result of significant reforms taken, strengthening its position as the largest Arab economy to enter the Group of Twenty (G20) Member States.

Speaking yesterday evening at the opening of the first Saudi specialized exhibition on equity and financial investment, organized by the World Kingdom Group, Prince Fahd said that the efforts being made by the Kingdom of Saudi Arabia towards economic reform and improving the business environment in the Kingdom resulted in attracting a lot of foreign investment and making a real addition to the national economy.

Editor’s note: This article has been edited from the source material

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