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10/10/2019
Change in name of Vision Capital Group...
Vision Capital Group has notified the CMA of changing its name.The CMA issued its approval to change the company’s name to “Areeb Capital”.
08/10/2019
Amendment to Business Profile of Saudi Venture Capital Investment Company...
Saudi Venture Capital Investment Company has requested CMA approval to amend its business profile by cancelling the activities of Dealing as an Underwriter, Managing Investment Funds, Managing client portfolios and Custody.CMA approved today the
07/10/2019
Imposition of a Fine on Thob Al Aseel Co., due to the Violation of the Rules on the Offer of Securities and Continuing Obligations....
The Capital Market Authority announces the issuance of a CMA Board resolution to impose a fine of (10,000) Ten Thousand Saudi Riyals on Thob Al Aseel Co. due to its violation of Article (65) of the Rules on the Offer of Securities and Continuing
07/10/2019
Imposition of a Fine on Fawaz Abdulaziz Alhokair Co., due to the Violation of the Rules on the Offer of Securities and Continuing Obligations....
The Capital Market Authority announces the issuance of a CMA Board resolution to impose a fine of (20,000) Twenty Thousand Saudi Riyals on Fawaz Abdulaziz Alhokair Co. due to its violation of Article (65) of the Rules on the Offer of Securities and
07/10/2019
Imposition of a Fine on Walaa Cooperative Insurance Co. , due to the Violation of paragraph (c) of Article (64) of the Rules on the Offer of Securities and Continuing Obligations...
The Capital Market Authority announces the issuance of a CMA Board resolution to impose a fine of (20,000) Twenty Thousand Saudi Riyals on Walaa Cooperative Insurance Co. due to its violation of paragraph (c) of Article (64) of the Rules on the Offer of
06/10/2019
Adoption of the amended Rules on the Offer of Securities and Continuing Obligations, Instructions for Companies Announcements ,the amended Instructions for Book Building Process and Allocation Method in IPOs and approving the amended Listing Rules....
In continuance to the Capital Market Authority’s role in regulating and developing the Capital Market, and in line with (the Financial Sector Development Program) one of the main programs to achieve the objectives of Saudi Vision 2030, and in accordance
03/10/2019
The Capital Market Authority approves the capital increase request for AXA Cooperative Insurance Company through the issuance of bonus shares...
The CMA has issued its resolution approving AXA Cooperative Insurance Company request to increase its capital from SAR (450,000,000) to SAR (500,000,000) through issuing (1) bonus share for every (9) existing shares owned by the shareholders who are
02/10/2019
The Capital Market Authority Announces the Approval of the Total Assets Value Increase of Real Estate Investment Traded Fund "Al Rajhi REIT Fund"...
The Capital Market Authority has issued its resolution approving Al Rajhi Capital's request to increase "Al Rajhi REIT Fund" total assets value by issuing additional units for the purpose of acquiring real estate assets.Such approval was granted upon Al
01/10/2019
The Capital Market Authority (CMA) Grants a Financial Technology experimental permit (FinTech ExPermit) to Afaq company to Create Equity Crowdfunding Platform...
Based upon the Capital Market Law issued by Royal Decree No. (M/30) dated 02/06/1424H, and reference to the Financial Technology Experimental Permit Instructions issued by CMA in 10/01/2018, which aims to provide a regulatory framework that is
01/10/2019
The Capital Market Authority (CMA) Grants a Financial Technology experimental permit (FinTech ExPermit) to Emkan Alarabiya Company to Create Equity Crowdfunding Platform...
Based upon the Capital Market Law issued by Royal Decree No. (M/30) dated 02/06/1424H, and reference to the Financial Technology Experimental Permit Instructions issued by CMA in 10/01/2018, which aims to provide a regulatory framework that is
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