Saudi Arabia considers raising foreign ownership cap to 75 percent
Foreign ownership limits may be increased to attract billions in capital, according to Morgan Stanley estimates.
The Saudi Arabian stock market is revisiting its rules to allow more foreign investors to buy shares. Regulators are considering increasing the foreign ownership limit for listed companies from 49 percent to 75 percent. Morgan Stanley projects this specific change could bring in approximately $4.3 billion in investment flows. Removing the cap entirely might generate $7.4 billion instead. Muzamil Al-Suqari has been appointed as chair of the Saudi Capital Market Authority, a move that supports expectations of further regulatory adjustments. These potential rule changes aim to make the market more attractive to global capital. Investors are currently closely watching whether the new regulations will lead to sustained demand or if the opening remains empty.
