16.03.2010 - Saudi may launch index funds for foreigners
From Tradearabia.com: Saudi Arabia plans to launch stock market index funds accessible to foreigners by the end of March in a bid to open up the Arab world's biggest bourse, the market regulator's chief said in remarks published on Sunday. 'We want to study experiences of many countries, which have allowed foreign investment in an organised way,' Abdulrahman Al-Tuwaijri, head of the Capital Markets Authority (CMA), was quoted as saying in business daily Al-Eqtisadiah.............................................Full Article: Source
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