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HSBC, Citigroup Among Those Directly Investing in Saudi Stocks
HSBC Holdings Plc and Citigroup Inc. are among nine qualified foreign institutions licensed to invest in Saudi Arabian stocks directly, according to the Capital Market Authority. Two BlackRock Inc. entities and two Ashmore Group Plc units are also among those registered with the Riyadh-based market regulator, according to an e-mailed…
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Click here to read the full story: Bloomberg