​The Capital Market Authority announces the issuance of a CMA Board resolution to impose a fine of (100,000) One hundred Thousand Saudi Riyals on Emaar The Economic City due to its two violations of paragraph (V) of Article (213) of the Companies Law by not obtaining a prior permission from the Ordinary General Assembly,"renewable every year", concerning signing two contracts with the ALArabia Maintenance & Spare Parts Co. (A Related Party) on 22/01/2017,  in which a member of the Board of Directors has direct interest as he owns 80% of the Al Arabia Maintenance & Spare Parts Co.