Trump's Visit Ignites the Saudi Stock Market 💣💥✍️

The main Saudi market index "TASI" continued its gains for the second consecutive day, rising by 0.2% at the opening to exceed the 11,500 point level, amid favorable political and economic conditions both locally and internationally. This positive performance coincided with the visit of U.S. President Donald Trump to the Kingdom, which is expected to result in a new boost in economic and investment relations between the two sides.

These gains were strengthened in the context of global relief in financial and commodity markets following a temporary easing in the trade war between China and the United States, which contributed to improved investor sentiment and increased liquidity flowing into the Gulf markets.

"BlackRock": Saudi Arabia is a Global Investment Destination

During his participation in the Saudi-American Investment Forum, Larry Fink, CEO of "BlackRock" Asset Management, stated that the Kingdom is a "fantastic destination for capital" and that "investment opportunities there are enormous." He confirmed that his company has intensified its presence in the Kingdom through permanent investment teams and the development of new financial products tailored for the Saudi market.

Fink pointed out that the Kingdom has an exceptional opportunity to enhance its financial markets and position them among the leading global markets, which would solidify its status even beyond Vision 2030.