Reuters quoted the CEO of the Saudi Stock Exchange, Tadawul, as saying that Saudi listed companies may witness an increase in foreign holdings of them to 10% and that the stock market may attract inactive fund flows Worth $ 5 billion after joining the FTSE Russell Index.

Khaled Al-Hossan told Reuters that the number of eligible foreign investors is expected to double from the current 730 before joining the MSCI index.

Tadawul has joined the FTSE Emerging Markets Index today. In May, Tadawul will join the MSCI Emerging Markets Index.

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