Three-fifths of investors excited about Saudi Arabia opening up
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Three-fifths of institutional investors expect large capital inflows into Saudi Arabia despite the triple threat of a low oil price, a declining government surplus and a leading role in the conflict in Yemen.
Nick Tolchard, head of Invesco Middle East said: “The key emphasis [of the study] is not the actual amount of money that will go to Saudi Arabia but the sentiment. It is very exciting that Saudi Arabia is liberalising.”
Source: Financial Times