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Saudi Arabia's stock market is on a charm offensive as it prepares for what could be the world's largest initial public offering. The exchange, known as Tadawul, aims to boost foreign ownership of equities to as much as 25 percent in at least the next two years from about 4 percent, Chief Executive Officer Khalid al-Hussan said in an interview in London, where he attended a Saudi Arabia investment conference organized by Goldman Sachs Group Inc.The exchange is also prepared to host the IPO of Aramco and doesn't see any significant liquidity concerns arising from it, Hussan said. He referred to the $6 billion share sale of National Commercial Bank in 2014, which had demand of about $80 billion to $85 billion from Saudi Arabian investors alone.
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