Pick-up in Saudi corporate earnings to coincide with bourse opening up


DUBAI: The opening of Saudi Arabia’s stock market to direct foreign investment early next year is set to coincide with a pick-up in earnings growth in the kingdom, which has lagged the region in the past few years.

The combined net profits of Saudi Arabia’s leading companies are expected to rise 17% in 2014 and a further 11% in 2015.

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Business , Saudi Arabia , stock exchange

   

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