Saudi Arabia is now one of the best places to attract foreign investment in various sectors, officials and specialists confirmed on Wednesday. They referred to the dramatic change being unique to the Kingdom and not common in any other emerging market around the world. Officials said Saudi leaderships strong commitment to reforms, especially economic ones, encourages many foreign investors to come to Saudi Arabia and seize opportunities in promising sectors, notably in energy and industry. Saudi Stock Exchange (Tadawul) CEO Khalid Abdullah Al Hussan said that the Kingdom is seeking to open up its markets further by setting a clear roadmap for capital. “Tadawul has implemented reforms to ensure a secure, transparent and efficient market that is aligned with global market standards and practices. We have been facilitating the participation of international investors in the Saudi market and expanding access to international investors through the Qualified Foreign Investor (QFI) program in cooperation with the CMA, which was launched in 2015 and continuously updated since then to further ease qualification requirements”. "We believe that we are now on the right track, and we have to open the market to be attractive to foreign investors and there is a balance between the forces," he said on the sidelines a conference. Hussan spoke at the "Foreign Direct Investment in Saudi Arabia: The Way to Achieve the Goals of 2030" conference in Riyadh. He addressed market attractiveness and the mission of enhancing Saudi appeal to foreign investors. Al Tamimi & Company, the largest law firm in the Middle East, hosted the event and offered the opportunity for industry leaders to participate in discussions surrounding the changing economic and legislative landscape in the Kingdom, as part of Vision 2030. “Saudi Arabia is considered one of the largest emerging markets according to global financial indicators, which is an important factor for foreign investors,” Hussan said.