Saudi Arabia is opening its doors to global investors. From February 1, foreigners can directly invest in all parts of the Kingdom’s capital market. This bold change is set to boost liquidity and attract international money. The Capital Market Authority (CMA) has removed old restrictions that only allowed select investors. "The amendments remove the 'Qualified Foreign Investor' label," said the CMA, which means all foreign investors can now buy shares directly. Earlier, non-residents could only gain economic exposure through swap agreements but could not own shares outright. Now, direct share ownership in the Main Market is allowed. The CMA has been preparing for this step with gradual reform. In July 2025, it eased account-opening rules for some foreign investors from the Gulf region and past Saudi residents. Then in October 2025, it shared new rules publicly for feedback. These moves signal Saudi Arabia’s plan to become a global investment hub. Foreign investors currently hold about 590 billion riyals ($157 billion) in Saudi markets. Investments in the Main Market grew from 498 billion riyals at the end of 2024 to roughly 519 billion riyals by Q3 2025. The government aims to reduce oil dependence by encouraging foreign participation. Initiatives include exchange-traded funds in partnership with Japan and Hong Kong and opening real estate firms in holy cities for foreign investors. By removing barriers, the CMA intends to deepen market liquidity and attract more global funds. Experts expect this to boost confidence among big investors worldwide. Starting February, Saudi Arabia takes a clear leap toward a fully integrated, accessible market, inviting global players to shape its financial future.