Saudi Arabia considers opening Tadawul exchange to international investors
Nearing the end of his reign, King Abdullah made numerous reforms and increased funding to other Arab nations that are undergoing civil unrest. After his death in January, Abdullah’s brother, Salman bin Abdulaziz al-Saud, rose to power with similar objectives. In his three months as King, Salman has continued on his brother’s initiatives by proposing to open the Tadawul stock exchange to foreign investors.
“We’ve certainly seen huge change happen here in the Kingdom in our 10 years of hosting the Euromoney conference, and 2015 is shaping up to be another significant year for investors, with the opening of the stock market to foreign investment likely to be a game changer,” Euromoney Conferences Regional Director Richard Banks said. “The Euromoney Saudi Arabia Conference has been here every step of the way, bringing together the best and brightest of Saudi decision makers and international investors, providing guidance, and exploring the challenges and opportunities that are shaping the Kingdom’s development.”
To be held May 5-6 at the Al Faisaaliah Hotel in Riyadh, the Euromoney Saudi Arabia Conference 2015, will provide a platform for Saudi policy makers, corporate CEOs and international investors to come together and explore Kingdom’s place within the global investment community.