Khalid Al-Hussan, CEO of Saudi Tadawul Group
Saudi Tadawul Group’s CEO, Khalid Al-Hussan, said that Vision 2030 clearly set goals for the Saudi market to be an open, attractive and integrated market, the starting point for transforming and developing the Saudi capital market. 
Al-Hussan pointed out, during the second session of the Saudi Capital Market Forum 2024, that the Saudi market witnessed a major transformation with the aim of supporting the economic transformation process in the Kingdom and Vision 2030.
Before Vision 2030, the focus of the Saudi market was local, focusing on local exporters and serving local investors, the executive noted, adding that it was designed as such because at that time the Saudi economy was an exporter of capital.
Since the launch of the vision, communication with international investors, index providers and financial institutions to join the market has been ongoing, Al-Hussan said.
The vision is characterized by a wide range of initiatives and goals, as it needs a strong financial market to help finance and facilitate this transformation, likewise any other global market in any growing economy.
Foreign capital flows into the Saudi market increased from almost zero in 2016 to $106 billion currently, as these flows came in large amounts over a short period.
The CEO highlighted regulatory reforms as well as communicating with international investors and inviting them to invest in the Kingdom.
Al-Hussan further pointed out the ambitious goals of the Kingdom and Hong Kong in strengthening the connection between financial markets through investment cooperation between the two parties.
Khalid Al-Hussan, CEO of Saudi Tadawul Group
Saudi Tadawul Group’s CEO, Khalid Al-Hussan, said that Vision 2030 clearly set goals for the Saudi market to be an open, attractive and integrated market, the starting point for transforming and developing the Saudi capital market.
Al-Hussan pointed out, during the second session of the Saudi Capital Market Forum 2024, that the Saudi market witnessed a major transformation with the aim of supporting the economic transformation process in the Kingdom and Vision 2030.
Before Vision 2030, the focus of the Saudi market was local, focusing on local exporters and serving local investors, the executive noted, adding that it was designed as such because at that time the Saudi economy was an exporter of capital.
Since the launch of the vision, communication with international investors, index providers and financial institutions to join the market has been ongoing, Al-Hussan said.
The vision is characterized by a wide range of initiatives and goals, as it needs a strong financial market to help finance and facilitate this transformation, likewise any other global market in any growing economy.
Foreign capital flows into the Saudi market increased from almost zero in 2016 to $106 billion currently, as these flows came in large amounts over a short period.
The CEO highlighted regulatory reforms as well as communicating with international investors and inviting them to invest in the Kingdom.
Al-Hussan further pointed out the ambitious goals of the Kingdom and Hong Kong in strengthening the connection between financial markets through investment cooperation between the two parties.
