DigitalLord
Fri Jun 07 2024
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5 answers
757
Can we do trading in Saudi Arabia?｜. The following investors are eligible to open investment portfolios: Natural persons. Joint stock and limited liability companies.The investor will need to be a Saudi or GCC national or a registered Saudi Arabian resident and will also need to meet conditions set out by the Securities Depository Center Company ( Edaa )
Can we engage in trading activities in Saudi Arabia? If so, who exactly qualifies to open investment portfolios? It seems that natural persons, joint stock companies, and limited liability companies are eligible. But, are there any specific nationalities or residency requirements? I've read that Saudi or GCC nationals, as well as registered Saudi Arabian residents, are eligible. However, I'm still unclear about the additional conditions set by the Securities Depository Center Company, known as "Edaa". Could you elaborate on those conditions?
