INVESTMENT FOCUS-Foreigners queue for opening of $500 bln Saudi bourse

April 17, 2015 3:29 PM

63 0

LONDON, April 17 (Reuters) - As Saudi Arabia's $500 billion-plus bourse prepares to open its doors to foreigners in June, outside investors appear ready to accept the political and financial risks as they finally get access to a market that rivals Brazil and Russia's.

Worth more than all other Gulf Arab markets combined, it is one of the last major global bourses to allow direct investment from foreigners and the opening is the most anticipated economic reform in the region of recent times.

Also read: Lightning's Steven Stamkos to play in Game 1 after injury

Read more

To category page