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Invesco Launches Saudi Arabia ETF

Invesco has launched the first ETF in Europe that provides pure passive exposure to Saudi Arabia, offering investors access to the largest economy in the Middle East. The Invesco MSCI Saudi Arabia UCITS ETF is available in USD on the London Stock Exchange. Chris Mellor, Head of EMEA ETF Equity and Commodity Product Management at Invesco, said, “Saudi Arabia is in the early stages of an exciting transformation. The reforms within the ‘Saudi Vision 2030’ programme are intended to reduce the economy’s dependency on government funding and oil exports. They have a number of objectives, including  increasing the contribution of private...