“Al-Quwaiz”: Reviewing foreign ownership limits in the stock market in preparation for raising or canceling them
Chairman of the Board of Directors of the Capital Market Authority, Muhammad Al-Quwaiz, said: The limits of foreign ownership in the stock market, amounting to 49%, will be reviewed in 2026 in preparation for gradually raising or canceling them.
This came during a dialogue session at the Future Investment Initiative conference held in Riyadh.
He indicated that this will be determined based on the results of the analysis that we are conducting, and we should not be in a hurry to announce it before we conduct the full analysis and complete its study.
/>He pointed out that the pace of liberalization of regulations and regulatory openness is quite clear.
Al-Quwaiz added, “We aim for Saudi Arabia to be among the 10 largest financial markets in the world by 2030, and to become the financial capital of the Middle East.”
- For more: Follow Khaleejion 24 Arabic, Khaleejion 24 English, Khaleejion 24 Live, and for social media follow us on Facebook and Twitter
