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Embassy of Saudi Arabia News

EMBASSY OF SAUDI ARABIA: CMA Removes Limits on Foreign Ownership of Stocks in Listed Companies

As part of Vision 2030's long-term economic development strategy, The Capital Market Authority (CMA) approved on Wednesday June 26, 2019 "Instructions for Foreign Strategic Investors' Ownership in Listed Companies", effectively removing any maximum or minimum limit on the ownership percentage for foreign investors in listed companies on the Saudi stock exchange. Read More »

EMBASSY OF SAUDI ARABIA: Royal Commission for Al-Ula Enters Into A $20 Million Partnership with Panthera to Prevent the Extinction of Arabian Leopards

Minister of Culture and Governor of the Royal Commission for Al-Ula (RCU) Prince Badr Bin Abdullah Bin Farhan signed an agreement on Friday, June 7th 2019 at Al-Ula, with the Chairman of Panthera Dr. Thomas Kaplan, a global wild cat conservation organization, to support both regional and international conservation initiatives, with a focus on the critically endangered Arabian leopard, which is indigenous to Al-Ula. Read More »

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