On 4 September 2016, new rules entered into force relaxing the conditions for qualified foreign investors (QFI) to invest in the Saudi Stock Market, which was opened up to foreign investment on 15 June 2015 ({News-2015-05-11/A/3- previous coverage}). The main changes include a reduction in the minimum amount of assets the QFI must have under management from SAR 18.75 billion to SAR 3.75 billion and an increase in the permitted ownership in a single company by a single investor and its affilia…