World Economy

Saudi Bourse Opening to Foreigners

Saudi Bourse Opening to ForeignersSaudi Bourse Opening to Foreigners

Saudi Arabia is seeking to open its $509b stock exchange to foreign investors in April. The Capital Market Authority informed brokers and fund managers of the timeline in London last month, a source said asking not to be identified as the meeting was private, Bloomberg reported. The country announced in July that it would open the market in the first half of 2015.