Saudi Arabia will open its stock market to wider foreign investment on June 15th, 2015, according to a breaking news story in Reuters.
A report yesterday in Bloomberg found that Saudi Arabia’s Capital Market Authority had not provided clarity about how new rules permitting foreign investment in the Tadawul will square with existing rules preventing foreign access.
“Final rules covering the opening of the market will be published on May 4, the regulator said in a brief statement,” Reuters reports.