All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group
Emerging Markets

Saudi market opening in sight with NCB in frame to be first

Saudi Arabia moved this week to open up its $530bn stock market to international investors in what bankers said could be a game-changer for IPOs and other capital market deals from the country. National Commercial Bank, a lender with $100bn of assets, could be the one of the first listings accessible to foreign buyers, but market participants are waiting for more details of the reforms before starting the celebrations.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree