Saudi Arabia is the largest market in the Middle East, FTSE Russell's CEO says

  • 2/5/2023
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New York, Rajab 12, 1439, March 29, 2018, SPA -- FTSE Russell's CEO, Mark Makepeace stressed that the Kingdom of Saudi Arabia's entry into the world stock banks is considered as a milestone in its plans to diversify its economy under the leadership of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince and Vice President of the Council of Ministers and Minister of Defense, who launched Vision 2030 to liberalize Capital Markets, and now the Kingdom meets the global benchmarks and international market. This came during a press conference held today in New York following the announcement by the FTSE Russell Group, the global provider of indicators on the accession of the Saudi Stock Exchange (Tadawul) to its global index of emerging markets, where the Saudi stock market will qualify for the classification into emerging markets rather than not listed in the FTSE World Index. --More 12:42 LOCAL TIME 09:42 GMT www.spa.gov.sa/w654093

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