Saudi Regulator Faces Calls to Review IPO Localization Push

Saudi Arabia’s markets regulator is being urged to rethink its push to give local retail investors a larger share of initial public offerings, amid concerns the effort risks further weakening...

By Laura Gardner Cuesta, Christine Burke · Bloomberg Markets

Saudi Arabia’s markets regulator is being urged to rethink its push to give local retail investors a larger share of initial public offerings, amid concerns the effort risks further weakening listing performance.