The Saudi Capital Market Authority has approved a regulatory change that opens the kingdom’s capital market to all categories of foreign investors, it said in a statement.
“The approved amendments eliminated the concept of the Qualified Foreign Investor (QFI) in the Main Market, thereby allowing all categories of foreign investors to access the market without the need to meet qualification requirements,” regulator said.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.