ANNOUNCEMENT 04 May 2015In May 2015, the government of Saudi Arabia announced changed rules for foreign investors.
NUMBER OF INTERVENTIONS
Press Reports: http://www.bbc.com/arabic/business/2015/06/150615_saudi_stock_finance
list of the different shares and the actual foreign capital investment ratio:
On 4 May 2015, the Capital Market Authority (CMA) of Saudi Arabia published the rules for qualified foreign financial institutions investment in listed shares and hereby opened the Saudi stock market to foreign investors.
However, the right to buy shares is only given to foreign investors with at least five years experience on the stock exchange and having 5 billion USD under management. A foreigner is entitled to own max. 49% is a single stock.