Imposition of a Fine on Arabia Insurance Cooperative Co. due to the violation of the Rules Offer of Securities and Continuing Obligations

Capital Market Authority (CMA) announces the issuance of a CMA's Board resolution to Impose a fine of (10,000) Ten Thousand Saudi Riyals on the Arabia Insurance Cooperative Co., due to its violation of paragraph (a) of Article (78) of the Rules on the Offer Securities and Continuing Obligations. Where the Company disclosed inaccurate information in its announcement published on 05/08/2024 on the Saudi Stock Exchange (Tadawul), regarding the interim financial results for the financial period ending on 30/06/2024.​