19-02-2025
Saudi market likely to continue momentum: Yaqeen Capital CEO
Ahmed AlShabanah. CEO & Managing Director of Yaqeen Capital Co., said that the Saudi stock market witnessed a significant increase in liquidity during the fourth quarter of 2024, whether on the level of the Main Market (TASI) or Nomu-Parallel Market.
The Saudi market is expected to maintain this momentum in 2025 and 2026, backed by increasing initial public offerings (IPOs) and investments, including foreign investments, AlShabanah told Argaam on the sidelines of the Capital Markets Forum 2025.
Moreover, the Saudi market experiences increasing interest from local and foreign investors, which in turn strengthens its position as a key investment destination in the coming years.