Saudi Exchange Opens Up Stock Trading to More Investors While Maintaining Restrictions
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The Saudi Exchange is the official stock exchange of Saudi Arabia, allowing investment in stocks, bonds, funds, REITs, and derivatives.
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Investors must be Saudi nationals, GCC citizens, or registered Saudi residents. Required documents include ID cards and residency papers.
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The Qualified Foreign Investor (QFI) program allows institutional investors to invest. They must meet assets and ownership requirements.
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Nomu is an alternative exchange with lighter listing requirements for companies.
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Investor eligibility includes capital market institutions, authorized persons, government bodies, GCC companies and funds, investment funds, qualified institutions, and certain non-residents.