​The Capital Market Authority announces the issuance of a CMA Board resolution to impose a fine of (100,000) Hundred thousand Saudi Riyals on Metlife, American International Group & Arab National Bank Cooperative Insurance Company due to its two violation of paragraph (V) of Article (213) of the Companies Law. The Company has not obtained a prior license from the Ordinary General Assembly,"renewable every year", regarding the issuance of two insurance policies for the AlArabi Heavy Equipment Lease Co. (A Related party) on 12/02/2017, in which two members of its Board of Directors have an interest in these policies.