Reforms implemented by the Saudi Capital Market Authority and initiatives from Tadawul Group have resulted in an uptick in the market’s overall number of registered QFIs. By the end of April, there were 3,800 registered QFIs, 76 times more than in 2017, when there were only 50.
Foreign investment rose 16 per cent in 2023 to reach an all-time high of more than 400 billion riyals (US$106 billion).
“Saudi Arabia’s size and high levels of liquidity, coupled with its location at the heart of major trade routes and supply chains, make the kingdom an incredibly attractive market for investment today,” said Al Hussan.
“These factors – as…
