Saham Capital CFO: Saudi Market Growth Attracts Foreign Investors

Mohammed Asiri, chief financial officer of Saudi investment firm Saham Capital, said the kingdom’s capital market reforms are pulling in more foreign money. Asiri spoke at a conference in Riyadh.

Asiri said easier market access is boosting liquidity and widening participation. It also raised the Tadawul’s global profile, he said.

The Saudi exchange has benefited from a long-running reform push. Asiri said the recent changes are working.

Foreign investor interest has grown, Asiri said. He called the trend supportive for deeper local capital markets.

The next key event for the market is third-quarter earnings season, starting in October. Large companies including Saudi Aramco report then. Asiri said a predictable regulatory environment matters for keeping foreign investors engaged.