Saudi Arabia's capital market system attracts capital inflows: ElKuwaiz

30/04/2025 Argaam

القويز: منظومة السوق المالية تساهم في تحول السعودية من بلد مُصدّر للأموال إلى مستورد لها

Mohammed A. ElKuwaiz Chairman of the Capital Market Authority (CMA)

Mohammed ElKuwaiz Chairman of the Capital Market Authority (CMA), said the growth in the financial sector indicators in the 2024 annual report of Saudi Vision 2030 marked a key upside for the local capital market, thereby boosting investor confidence and enhancing Saudi Arabia’s attractiveness to foreign investment.

 

“We are proud that the capital market system is contributing to the Kingdom's transformation from a capital-exporting to a capital-importing country,” he added on X.

 

The chairman further stated, “This is clearly demonstrated by the value of foreign investor ownership, which exceeded SAR 498 billion by the end of 2024, compared to SAR 110 billion in 2016.”

 

ElKuwaiz also noted that the Saudi Exchange (Tadawul) recorded remarkable growth, with its market capitalization (excluding Aramco) rising to 86% of GDP by the end of 2024, compared to 66% in 2019.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read