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Saudi capital marketsCNBC
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78% Informative
Thousands of financiers, founders and investors are set to descend on the Saudi capital of Riyadh for the eighth edition of the kingdom's Future Investment Initiative.
As Saudi Arabia moves full steam ahead with its focus on domestic investment, it's introduced more stringent conditions for foreigners coming to the kingdom to take capital elsewhere.
The kingdom is taking clear steps to scale back spending, as oil prices fall well below its fiscal breakeven figure.
Oil prices drop 4% early Monday after Israel 's weekend strike on Iran .
Saudi Arabia's leading stock market index is up 16.48% in the last year .
Analysts warn that the expanding crises in the Middle East have the potential to cause further instability.
The Tadawul All Shares Index is up by 16% in a year .
VR Score
84
Informative language
86
Neutral language
41
Article tone
semi-formal
Language
English
Language complexity
55
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
1
Source diversity
1
Affiliate links
no affiliate links