From Arabnews.com: The Capital Market Authority's recent approval of the first Saudi-listed exchange traded fund (ETF) marks another important milestone in the Kingdom's capital market history.
With 139 listed companies and over $356 billion in market capitalization, Saudi Arabia is one of the largest equity markets among emerging countries; although its trading value is down 43 percent over last year, Tadawul still trades close to $800 million a day, making it a relatively liquid market.....................................Full Article: Source
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