Saudi Arabia Opens Stock Market to Foreign Investors

Saudi Arabia just opened its stock market to all [music] foreign investors. It's the latest in a series of reforms by Saudi Crown Prince Muhammad bin Salman [music] to try to diversify the economy and bring in more foreign cash. He also froze rents in [music] Riyad.He's relaxed rules around alcohol. And he's even allowed foreigners to own property in the holy cities of Mecca [music] and Medina for the first time. The push for investment comes as the Gulf nation [music] seeks to cut down on spending after ye ...