CMA seeks foreign ownership cap review in 2026

Logo of Capital Market Authority

Abdulaziz Abdulmohsen bin Hassan, board member of the Capital Market Authority (CMA) said that the authority is currently reviewing foreign ownership limits in listed companies.

He was quoted by Asharq TV as saying during the Select Capital Markets Forum in New York today, "We are committed to completing this and hope that it will be done this year."

CMA's Chairman Mohammed Elkuwaiz said at October-end that the next step after ending the qualified foreign investor system and opening the main market to all categories of non-resident foreign investors would be to review foreign ownership limits, currently set at 10% per investor and 49% for total foreign ownership, describing these limits as the last remaining restrictions on international investors.

The Saudi Exchange was opened yesterday, Feb. 1, to all categories of foreign investors, making the financial market in all its categories available to various categories of investors from around the world to enter directly.