Riyadh, Saudi Arabia -- Non-institutional foreign investors increased their stake in Tadawul-listed equities, excluding Saudi Aramco, from 9.70 percent to 9.72 percent, equivalent to SAR 334.55 billion, during the week ending January 9, according to market data. This category of ownership includes swap holders, residents, and qualified foreign investors (QFIs),...
Foreign realty ownership to diversify KSA economy
The move is likely to help regulate supply, bridge the gap between supply and demand, and create more demand for further development in the Kingdom, an expert tells TRENDS.
Tabreed ups foreign ownership limit
The limit will increase from 49% to 100%.
SIB foreign ownership up 40%
The decision follows approval of the Bank's General Assembly.
Al Tamouh, Al Qudra merger okayed
International Holding Company has formally agreed to the merger.
Sharjah Islamic Bank board okays 40 percent foreign ownership ceiling
Sharjah Islamic Bank has announced that its board of directors agreed to raise the percentage of foreign ownership in the bank’s shares to 40 percent. The board's nod will now be submitted to the bank’s general assembly for a discussion and final decision. The bank said the decision comes in...
Foreign investment in Saudi markets rose 150% in Q2
The sectors in the country that attracted the most foreign investment were banking, basic items, energy, and communications.
Abu Dhabi makes commercial, industrial activities available for foreign ownership
Abu Dhabi Department of Economic Development believes the decision will attract further foreign investment Department amends law to enable 100 percent foreign ownership Natural and legal non-citizens in Abu Dhabi can now fully or partially own as many as 1,105 registered commercial and industrial activities. This became possible after the...
