Abdulaziz bin Hassan, member of the Capital Market Authority Council
Abdulaziz bin Hassan, a member of the Capital Market Authority, mentioned, there are greater than 51 requests to be submitted underneath examine at the moment in sectors that embody well being care, know-how and logistical companies.
He added in his speech through the actions of the eleventh annual EFV Hermes Funding convention in London, and was attended by numbers, that the worth of the problems of debt instruments in Saudi Arabia amounted to about 228 billion {dollars} because the starting of the 12 months, representing greater than half the quantity of publications within the area, anticipating that the share of debt instruments will rise to twenty-eight% of GDP in comparison with about 18.4% at the moment.
He identified that the possession of overseas buyers in the primary market amounted to final July about 110 billion {dollars}, recording a development of 108 % since 2019, and about 500 % since 2015, stressing that these indicators replicate the rising world confidence within the Saudi market.
He acknowledged that the market worth of the market exceeded 2.7 trillion {dollars}, representing 62 % of the capital of the monetary markets within the Center East and North Africa.
He identified that regulatory reforms and the inclusion of the market in world indicators contributed to enhancing the gravity of the market and growing its depth and liquidation, indicating that the following stage will concentrate on increasing world openness by permitting licensing overseas securities actions to allow worldwide establishments to supply their companies on to prospects.
