沙特股市，突然大涨

Market Performance - Saudi stock market experienced a significant surge, with the overall index rising by 5% and the banking sector index increasing by over 9% [1][3] - Major banks such as Al Rajhi Bank and Saudi National Bank reached their daily price limits [1][3] Foreign Investment Regulations - Saudi Arabia is considering relaxing the foreign ownership limit of 49% on publicly listed companies to attract more foreign capital [5][6] - The Capital Market Authority (CMA) is preparing to implement this change, which could take effect by the end of the year [5][6] - If the foreign ownership limit is raised above 50%, it would enhance Saudi Arabia's weight in the MSCI Emerging Markets Index, potentially attracting more investment [6][8] Economic Context - The Saudi stock market has been underperforming, with a decline of 9.6% this year, contrasting with a 25% increase in the MSCI Emerging Markets Index [6] - The country is seeking to revitalize its stock market amid geopolitical tensions and stagnant oil prices [6][7] Non-Oil Economic Growth - Recent reports indicate a 17.8% increase in non-oil exports in Q2 2025, countering weak oil sales [10] - Non-oil revenue accounted for nearly half of the total government revenue for the first time, driven by tax increases [11] - The growth in non-oil sectors is attributed to the Vision 2030 economic transformation plan, which aims to reduce reliance on oil [11]