The inclusion marks a continuation of efforts by the Saudi kingdom to open up its market to international investors.
Saudi Arabia's stock exchange, the Tadawul, took its first step Monday of inclusion in two major international indexes: the FTSE Russell and S&P Dow Jones' emerging markets indices.
Al-Hussan expects this inclusion to bring in around $15 billion in passive inflows across the indices, adding that calculating the expected active funds is more challenging. Al-Hussan commented on the long-awaited public offering of Saudi state oil giant Aramco, emphasizing the importance of timing and effective due diligence.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Big investors look past Khashoggi to opportunities in Saudi ArabiaBig investors in Saudi Arabia are pushing ahead with deals and pouring money bac...
Read more »
Trial to start in Saudi Arabia for jailed female activists, relatives and rights groups saySaudi officials have hinted at a pardon. Human rights groups say the women should be released immediately.
Read more »
Opinion | The E.U. must stand for human rights in Saudi Arabia — and justice for Jamal KhashoggiOpinion: The E.U. must stand for human rights in Saudi Arabia — and justice for Jamal Khashoggi
Read more »
Senate defies Trump, passes historic resolution to end US support for Saudi Arabia in Yemen warThe Senate delivered a stern rebuke to President Donald Trump and his administration on Wednesday, voting to withdraw United States support for the Saudi-led military campaign in Yemen.
Read more »
Saudi Arabia Charges Women’s Activists in Widely Scrutinized CaseSaudi prosecutors charged a group of female activists with aiding an enemy country following months of international scrutiny on the kingdom’s human-rights record.
Read more »
Trump ally caught in crossfire as White House clashes with GOP over Saudi ArabiaIdaho Republican Sen. James Risch, the new chairman of the Senate Foreign Relations Committee, decided last week to hold a classified briefing from administration officials on the killing of journalist Jamal Khashoggi.
Read more »
Saudi signals OPEC may need to extend oil cuts until end-2019Saudi Arabia said on Sunday OPEC's job in rebalancing the oil market was fa...
Read more »
Saudi seals six private sector deals worth $3.5 billion, plans many moreSaudi Arabia has completed six public-private partnership deals in the past two ...
Read more »
S Arabia says 'justice' is being done in Khashoggi murder caseSaudi human rights chief Bandar bin Mohammed al Aiban told the UN Human Rights Council that there had been three hearings over the 'heinous crime' and 'unfortunate accident' at its Istanbul consulate without giving details.
Read more »