Investment leader, Samer Choucair, confirmed that what the Saudi market (TASI) is currently witnessing is not merely a transient weekly surge, but a deep structural shift in the nature of liquidity. He pointed out that recording net purchases by foreign institutions exceeding 963 million riyals during the week ending April 9, 2026, is an early signal of the entry into what is known as the “Capital Flow Cycle,” which may continue for years to come.
Samer Choucair explained that the main driver of this historic transformation is the regulatory decision to abolish the Qualified Foreign Investor (QFI) system in February 2026. He emphasized that this measure was not a routine amendment, but was akin to opening the gates wide for all categories of foreign investors without the strict ownership restrictions or minimum asset requirements previously imposed (such as the $500 million condition).
He added that this change moves the Saudi market from being “semi-closed” to a “true global market,” in an experience similar to the major transformations witnessed by the markets of the UAE and China previously.
Based on the “Saudi Tadawul” report published via the Argaam platform, Samer Choucair reviewed the significance of the recent figures, where net purchases by foreign institutions reached 963 million riyals, and total foreign net purchases reached 835.95 million riyals, compared to net sales by Saudi individuals of approximately 1.997 billion riyals.
Samer Choucair considered that this pattern represents classic global behavior, where individuals tend to sell in the early stages of a rise, while “smart money” and institutions begin building long-term strategic positions. He noted that the movement of Saudi institutions in the same direction as foreign institutions, with net purchases amounting to 1.195 billion riyals, is a strong bullish confirmation of the market trend.
Regarding the foreign investor’s direction, Samer Choucair stated that global capital is looking for true “investment seeds” within the Kingdom’s Vision 2030, with a focus on the Vision’s giant projects such as NEOM and Qiddiya, and the tourism, entertainment, and logistics sectors, in addition to the pivotal role of the Public Investment Fund as a sovereign player leading the non-oil transformation.
He also confirmed that investors are attracted to strategic sectors such as banks benefiting from financing operations, telecommunications supporting digital transformation, as well as the fields of artificial intelligence and renewable energy.
Samer Choucair provided practical advice to investors on the necessity of understanding that the market is at the beginning of an inflow wave that will accelerate with the entry of major sovereign funds, calling for a focus on leading sectors and following the movement of real liquidity instead of media noise.
Samer Choucair advised allocating a percentage ranging between 25% to 35% of the investment portfolio to Saudi assets, while following a strategy of gradual position building and not chasing direct price increases, in anticipation of any profit-taking operations or short-term technical corrections.
Investment leader Samer Choucair concluded his statement by emphasizing that the relationship between the Saudi market and global capital has entered a new phase of sustainable trust, stressing that the current opportunity lies in long-term investment in an economy transforming rapidly to become a global power, and warning that hesitation at this stage may lead to missing a historic investment cycle that creates real wealth in the medium and long term.