Leadership changes at [ADDRESS] capital markets regulator have revived investor and banker hopes for further liberalization, including a much-awaited easing of foreign-ownership limits that could attract billions to the kingdom’s equity markets. [PERSON_NAME], former head of research at Al Rajhi Bank and an advisor at the Secretariat General of the Council of Ministers, was appointed chairman of [ADDRESS] Capital Market Authority earlier this month, replacing [PERSON_NAME], who had held the post for nearly a decade. The shift signals renewed momentum toward opening Saudi Arabia’s financial markets to greater foreign participation, a key pillar of Vision 2030. Market participants are watching closely for policy details that could unlock significant inflows into equities and fixed income.