saudi financial market

Latest news and articles about saudi financial market from NEX English

Saudi Financial Market Authority Approves New Regulatory Framework for SPACs

The Saudi Financial Market Authority (CMA) has announced a new regulatory framework that allows Special Purpose Acquisition Companies (SPACs) to be listed on the parallel market (Nomu). This initiative aims to diversify investment products and enhance market liquidity.

Foreign Investors Record First Monthly Sales in TASI After 11 Months

The Saudi financial market, TASI, has witnessed a significant shift as foreign investors recorded their first monthly sales in 11 months. This change reflects the impact of current geopolitical tensions in the region.