Foreign Investments in Saudi exchange hit SAR 400B by 2024-end: ElKuwaiz
Mohammed ElKuwaiz, Chairman of the Capital Market Authority (CMA), said foreign investments in the Saudi exchange exceeded SAR 400 billion by the end of 2024.
He added that the decision issued yesterday by the authority to allow foreign investors to own shares in listed real estate companies investing within Makkah and Madinah aims to further boost foreign investments in the Saudi exchange.
This aims to support the Financial Sector Development Program and the objectives of Vision 2030, ElKuwaiz noted.
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