Derayah Financial Co.’s CEOMohammed AlShammasisaidthe company received around 500 applications from foreign individual investors to enter the Saudi market on the first day it was opened to non-resident foreign individuals, describing this as a very positive indicator.
The opening of the Saudi market came after significant developments in its performance and expansion activities, following years of regulatory and legislative reforms aimed at attracting investors and enhancing the market’s infrastructure, AlShammasi said in an interview with Asharq Bloomberg TV on the sidelines of the Capital Markets Forum in New York.
Derayah Financial Co.’s CEOMohammed AlShammasisaidthe company received around 500 applications from foreign individual investors to enter the Saudi market on the first day it was opened to non-resident foreign individuals, describing this as a very positive indicator.
The opening of the Saudi market came after significant developments in its performance and expansion activities, following years of regulatory and legislative reforms aimed at attracting investors and enhancing the market’s infrastructure, AlShammasi said in an interview with Asharq Bloomberg TV on the sidelines of the Capital Markets Forum in New York.
