Saudi Stocks Surge as Tadawul Considers Majority Foreign Ownership

Saudi stocks experienced a significant surge on Wednesday, September 24, 2025, as the Tadawul All Share Index increased by up to 5%. This rise followed reports from Bloomberg indicating that Saudi Arabia may soon allow majority foreign ownership in domestic companies.

The potential reform has led to widespread gains across various industry sectors, particularly in Saudi banking. Investors reacted positively to the news, reflecting optimism about the implications of increased foreign investment in the Saudi market.

The Tadawul"s movement underscores the ongoing changes in the Saudi economy, which is seeking to attract more foreign capital and diversify its economic base. As previously reported, such reforms are part of the broader Vision 2030 initiative aimed at reducing the country"s dependence on oil revenue.

For more on related coverage, see recent developments in the political landscape.