VIDEO: Floodgates open as Saudi earns secondary emerging market status
Tadawul CEO, Khalid Al Hussan, discusses global investor optimism in the Saudi Arabian stock exchange.
He addresses the crackdown on corruption, and talks about the Saudi Aramco IPO. He speaks with Bloomberg’s Yvonne Man and Betty Liu on “Bloomberg Daybreak Asia.”
What does it mean to earn that distinction from FTSE Russell starting March 2019?
What will the investment market look like and will it bring the billions in stock ownership the kingdom expects?
Is Aramco’s IPO related?
And there is the potential of MSCI inclusion, as well.