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Tadawul Shares Surge as Saudi Arabia Set to Open Capital Market to Foreign Investors

MT Newswires·01/07/2026 08:12:23
語音播報
08:12 AM EST, 01/07/2026 (MT Newswires) -- The Tadawul All Share Index surged as it closed Wednesday 1.60% higher, as Saudi Arabia's move to open direct foreign investments into its capital market boosted investor sentiment. The Capital Market Authority is set to allow non-resident foreign investors to directly invest in the Saudi Exchange's main market starting on Feb. 1. The move came with the removal of the qualified foreign investor concept, as well as other rules. "International investors' ownership in the capital market exceeded SAR 590 billion by the end of the third quarter of 2025, while international investments in the main market reached approximately SAR 519 billion during the same period, representing growth compared to their ownership at the end of 2024, which stood at SAR 498 billion," the authority said. "The goal is to position the market as an international marketplace capable of attracting greater flows of foreign capital." In other news, the US pledged to back security guarantees for Ukraine to end the war with Russia after a Paris meeting between the US, Ukrainian President Volodymyr Zelenskyy and other European leaders. Speaking of the US, the White House said President Donald Trump is planning for the acquisition of Greenland via a purchase, military operations or other options. European nations are working on a response regarding the US move. Back at home and on the corporate front, Marketing Home Group for Trading (SASE:4194), d/b/a Build Station, is set to expand its footprint with the launch of its 41st Build Station branch on Friday. Shares of the trade and development company gained 1.98% at closing.