A regulatory drive to reduce the volatility around initial public offers of shares is bolstering the Saudi funds sector and also creating an opportunity for international investors to sidestep the kingdom's foreign ownership restrictions.
The chairman of the Saudi Capital Market Authority (CMA) rang The Opening Bell at the New York Stock Exchange yesterday (March 23).
Dr Abdulrahman A Al-Tuwaijri, who led a Saudi delegation, addressed USinstitutional investors to highli
The chairman of the Saudi Capital Market Authority, said he expects companies and banks to begin trading bonds (sukuk) in the Saudi market as early as this year.
In an exclusive interview with CNBC Arabiya, Dr Abdulrahman Al Tuwaijri