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28/05/2023The Permission of the FinTech experiment granted to Drahim Company to test Robo-Advisory Platform, and its completion of the commencement of business requirements....Based on the Capital Market Law issued by Royal Decree No. (M/30) dated 06/02/1424 AH, its implementing regulations, and the Financial Technology Experimental Permit instructions issued by the Board of the Capital Market Authority, The Capital Market

22/05/2023The Capital Market Authority approves the capital increase request for Retal Urban Development Company through the issuance of bonus shares...The CMA has issued its resolution approving Retal Urban Development Company's request to increase its capital from SAR (400,000,000) to SAR (500,000,000) through issuing (1) bonus share for every (4) existing shares owned by the shareholders who are

22/05/2023The Capital Market Authority approves the capital increase request for Advance International Company for Communication and Information Technology through the issuance of bonus shares...The CMA has issued its resolution approving Advance International Company for Communication and Information Technology request to increase its capital from SAR (25,000,000) to SAR (32,000,000) through issuing (1) bonus share for every (3.57) existing

18/05/2023Announcing the Issuance of ACRSD Final Decision Convicting Violator of the Capital Market Law and its Implementing Regulations...The General Secretariat of Committees for Resolution of Securities Disputes announces the issuance of the Appeal Committee for the Resolution of Securities Disputes' resolution dated 21/09/1444 H., corresponding to 12/04/2023For further announcement's

15/05/2023Amendment to Business Profile of East Bridge Capital...Based upon the Capital Market Law issued by Royal Decree No. (M/30) dated 02/06/1424H and its Implementing Regulations, the Capital Market Authority announces its approval to the amendment of the Business Profile requested by East Bridge Capital, to be

15/05/2023The Capital Market Authority approves the capital increase request for National Shipping Company of Saudi Arabia through the issuance of bonus shares...The CMA has issued its resolution approving National Shipping Company of Saudi Arabia's request to increase its capital from SAR (4,921,875,000) to SAR (7,382,812,500) through issuing (1) bonus share for every (2) existing shares owned by the

14/05/2023Announcing the Issuance of ACRSD Final Decision Convicting Violator of the Capital Market Law and its Implementing Regulations...The General Secretariat of Committees for Resolution of Securities Disputes announces the issuance of the Appeal Committee for the Resolution of Securities Disputes' resolution dated 21/09/1444 H., corresponding to 12/04/2023For further announcement's

10/05/2023CMA Announces the Approval of Public Offering of "Riyad Sharia Opportunities Fund”...The CMA has issued its resolution approving the public offer, by "Riyad Capital Company", of "Riyadh Sharia Opportunities Fund."An Investment decision without reading the Terms and Conditions carefully or fully reviewing its content may involve high

09/05/2023The Capital Market Authority Approves United Wire Factories Company’s Request to Reduce its Capital...The CMA has issued its resolution approving United Wire Factories Company's request to reduce its capital from SAR (351,000,000) to SAR (280,800,000), thus reducing the number of shares from (35,100,000) shares to (28,080,000) shares. This approval

08/05/2023Imposition of a Fine on Etihad Atheeb Telecommunication Co. due to the Violation of the Rules on the Offer of Securities and Continuing Obligations...Capital Market Authority (CMA) announces the issuance of a CMA’s Board resolution to Impose a fine of (120,000) One Hundred and Twenty Thousand Saudi Riyals on Etihad Atheeb Telecommunication Co., due to its violation of paragraph (a) of Article (61),

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