January 25, 2018 / 1:48 PM / 4 months ago

Saudi Arabia says graft crackdown helps stock market

DAVOS, Switzerland (Reuters) - Investors have put a record amount of money into the Saudi stock market in recent weeks as they realize that a crackdown on corruption is positive for the economy, Saudi finance minister Mohammed Al-Jadaan said on Thursday.

FILE PHOTO: Saudi Minister of Finance Mohammed al-Jadaan speaks during the Euromoney Saudi Arabia Conference 2017 in Riyadh, Saudi Arabia May 2, 2017. REUTERS/Faisal Al Nasser

Reporting by Dmitry Zhdannikov; Editing by Mark Bendeich

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