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Mohammed bin Abdulmalik Al-Sheikh

Mohammed bin Abdulmalik Al-Sheikh latest

Direct foreign ownership in Saudi equities would be the next evolutionary step
May 8th, 2013 - 01:43 GMT

Saudi Arabia finalizing foreign investment framework, hoping to attract foreign funds

The Capital Market Authority is finalizing a regulatory framework which will allow foreigners to directly own stocks in Saudi Arabia, though the market has no need for liquidity from international investors, says its Chairman Mohammed bin Abdulmalik Al-Sheikh.
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