Arab News, Tuesday, Aug 31, 2021 | Muharram 23, 1443
Foreign investment in Saudi stock market up by 150%
Saudi Arabia:
Foreign investment in the
Kingdom's stock market increased by more than 150 percent by the end of Q2 2021,
compared to late 2018.
Banking, basic materials, energy and
communications attracted the most foreign investment, the Capital Markets
Authority said.
It added that this was as a result of the
Kingdom’s efforts to develop the financial market and expand the institutional
investment base.