Saudi Arabia is exploring a major revamp of its stock market rules, potentially opening the doors of its main bourse to all foreign investors. The Capital Market Authority announced a public consultation Wednesday on proposals that could end the current Qualified Foreign Investor (QFI) system.
Under the draft plan, the existing eligibility requirements would be eliminated, allowing non-resident investors to buy shares directly. Swap agreements that currently act as intermediaries would also be phased out, streamlining foreign participation in listed equities.
If implemented, the move would mark one of the most significant liberalizations of the Saudi market in years, signaling Riyadh’s push to attract global capital more seamlessly.
