​The CMA has issued its resolution approving Bank Aljazira's request to increase its capital from SAR (4,000,000,000) to SAR (5,200,000,000) through issuing (3) bonus shares for every (10) existing shares owned by the shareholders who are registered in the shareholders registry at the closing of trading on the day of the extraordinary general assembly. Such increase will be paid by transferring an amount of SAR (1,200,000,000) from the “Retained Earnings” account to the Bank's capital. Consequently, increasing the Bank's outstanding shares from (400,000,000) shares to (520,000,000) shares, by an increase of (120,000,000) shares. This approval is conditional on the Bank satisfying the regulatory requirements of Companies Law and any other applicable laws.