Saudi CMA Chairman on Benefits of Opening Up Economy

The transcript discusses the stability and volatility in Saudi markets due to foreign investments and geopolitical tensions. It highlights the impact of index inclusions and capital inflows on market stability. The discussion also covers the revision of Saudi capital market laws, the introduction of a strategic investor program, and the challenges faced by IPOs in the region. The focus is on creating a fair and open market environment for both investors and issuers.

What has been the effect of foreign investments on the Saudi capital market?

• Reduced foreign interest

• Increased volatility

• Stabilizing force

• Decreased market size

What has been the trend of foreign capital inflows into the Saudi market since the beginning of the year?

• Steady and almost daily

• Non-existent

• Fluctuating

• Decreasing

What is a significant change introduced in the Saudi Arabian capital market law?

• Ban on foreign investments

• Central clearing or CCP

• Introduction of a new currency

• Increase in tax rates

What is the purpose of the strategic investor program?

• To increase taxes on foreign investors

• To restrict market access

• To create a parallel system for strategic investors

• To limit foreign investments

What is the role of the market regulator in the context of IPOs?

• To predict market winners

• To set stock prices

• To ensure a fair level playing field

• To restrict IPOs