Gulf Investors Asset Management Company has requested the approval to amend its business profile by canceling its Underwriter, Arranging, Managing Discretionary Portfolios, Advising, and Custody activities.

The CMA approved the amendment of the Business Profile of Gulf Investors Asset Management Company by canceling the activities of Underwriter, Arranging, Managing Discretionary Portfolios, Advising, and Custody. Gulf Investors Asset Management Company is now authorized to conduct Managing Investment Funds activity.