Thu, 2019-08-29 00:21
LONDON: Saudi Arabia became the top equity investment destination among emerging markets this summer according to the Institute of International Finance (IIF)
Supported by its upgrade to emerging market status, Saudi Arabia has attracted $18 billion in foreign equity inflows so far this year, the IIF said.
“The inclusion of local stocks to broad equity benchmarks acknowledges the progress made by Saudi Arabia in reforming its capital
market system,” the institute said in its latest report.
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