The huge IPO looks likely to strengthen the case for Saudi Arabia to join the emerging markets indexes of international index compilers such as MSCI, a step which could attract tens of billions of dollars of fresh foreign money to the kingdom.
Thanks to the freshmoney, the universities will be able to invite foreign guest lecturers and offer guest professorships in high - tech disciplines like the life sciences, physics, and informatics (the DAAD's INNOVATEC - program).