Morgan Stanley to set up Saudi equity fund
- Published: 12 August 2008 14:53
- Author:Matthew Martin | More by this Author
- Last Updated: 12 August 2008 15:43
The Capital Market Authority (CMA) of Saudi Arabia has given Morgan Stanley permission to establish an investment fund that will give foreign investors access to Saudi equities, in a sign of the gradual opening up of the Saudi stock market (Tadawul) to foreign capital.
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