Saudi Arabia’s Capital Market Authority has set the end of 2021 as the deadline for the completion of the regulatory framework for foreign companies to offer their shares in the Saudi capital market. It has also permitted the local companies to have a dual listing in international markets.
In other news, Saudi Arabian Airlines announced that all international flights continue to be suspended and will remain so until further notice. Flights will resume gradually, and the schedule will be announced through official channels.
To read about this and more of the week’s news from the Kingdom, click here.
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