What Investors Need to Know as Saudi Stocks Open Up to the World
Saudi Arabia Opens Equity Market to Foreign Investors
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Saudi Arabia is opening one of the world’s most-restricted stock markets to foreigners for the first time on Monday.
The move comes as the biggest economy in the Middle East seeks to reduce its reliance on oil income, which accounts for about 90 percent of government revenue, and as the kingdom burns through foreign reserves at a record pace.