Qualified foreign investors (QFIs) increased by 300% in 2019, according to recent data issued by the Capital Market Authority (CMA).
Net foreign investments in the Saudi Stock Exchange (Tadawul) surged 553% to SAR 111 billion last year compared to SAR 17 billion in 2018.
Moreover, foreign investors’ ownership rose 128% year-on-year (YoY) to SAR 198 billion.
|
QFIs in Saudi Market in FY 2019 |
|||
|
2018 |
2019 |
Variation (%) |
|
|
Foreigners’ ownership |
87 |
198 |
+128 |
|
Net foreign investments |
17 |
111 |
+553 |
CMA said that efforts to attract more investments included:
|
CMA procedures |
|
|
Ownership |
Organizing foreign strategic investors’ ownership |
|
Orientation |
Organizing forums & workshops to enhance awareness about CMA |
|
Emerging markets |
Joining leading emerging market indices |
The increase of foreign investments in 2019 coincided with the inclusion of the Saudi Stock Exchange (Tadawul) in global emerging market indices.
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