​EFG Hermes Securities Brokerage now offers its foreign institutional investors access to the largest market in the Middle East & North Africa (MENA) region, Saudi Arabia, through its recently launched Abwab product. Matthew Wakeman, Managing Director at EFG Hermes, said: 'Saudi Arabia is the second most liquid emerging market worldwide and the positive steps being made towards its liberalization not only present investors with exciting opportunities, but also provide the Saudi market with increased liquidity and a potential reduction in volatility.' 'The Tadawul accounts for over 25% of MENA Market Capitalization and over 40% of all MENA traded value. It has a market capitalization of $390bn and average daily traded value of $2.5bn. Abwab allows us to present our clients with the ability to access these vast opportunities,' Wakeman added.