ETFs
Saudi ETF to be listed in Japan in expected deal between leaders
TOKYO — Japan and Saudi Arabia are expected to reach an agreement under which an exchange-traded fund (ETF) tracking Saudi stocks will be listed in Tokyo, the first of its kind, Nikkei has learned.
The deal is expected to be reached during Saudi Crown Prince Mohammed bin Salman’s visit to Japan, which begins Monday, and will meet Japanese Prime Minister Fumio Kishida on Tuesday.