CMA amends the authorization license to SAUDI PIONEERS SECURITIES COMPANY

In continuance with its efforts to develop and support investors in the capital markets, the Capital Market Authority (CMA) has approved the amendment to the securities business license of SAUDI PIONEERS SECURITIES COMPANY on Monday 4/07/1429H, corresponding to 7th July, 2008, to now include Dealing as (principal, agent, and underwriter), Managing, Arranging, Advising and Custody.