CMA Chief: Saudi capital market is 7th largest in the world
In a recent statement, the Chief of the Capital Market Authority (CMA) in Saudi Arabia proudly announced that the Saudi capital market has achieved a major milestone by becoming the 7th largest in the world.
The CMA Chief emphasized the growth and development of the Saudi capital market, highlighting its importance on a global scale. He credited this achievement to the efforts of the regulatory authorities and market participants in Saudi Arabia who have worked tirelessly to enhance the market’s infrastructure and attractiveness to investors.
This announcement underscores Saudi Arabia’s position as a key player in the global financial markets, signaling its emergence as a major player in the international investment landscape. The CMA Chief’s remarks serve as a testament to the country’s commitment to economic diversification and growth, positioning Saudi Arabia as a competitive and dynamic market for investors around the world.