| Further reading |
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| • Best Managed Companies in the Middle East 2014: By Sector• Saudi’s time to shine?• Understanding Saudi Arabia |
Asked how the opening of his markets to foreign capital will affect the exchange, Al-Ghamdi points out that Saudi is not totally isolated from the rest of the world. “It is worth noting that the Saudi capital markets, to a large degree, are already open to foreign investment flows,” he says. “Indeed, the ETFs [exchange-traded funds] and mutual funds markets have no legal or regulatory restrictions inhibiting direct foreign investor participation.
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