The Permission of the FinTech experiment granted to Al-WAA for Financial Technologies to test Robo-Advisory, and its completion of the commencement of business requirements

Based on the Capital Market Law issued by Royal Decree No. (M/30) dated 06/02/1424 AH, its implementing regulations, and the Financial Technology Experimental Permit instructions issued by the Board of the Capital Market Authority, The Capital Market Authority announces that Al-WAA for Financial Technologies has completed the commencement of business requirements to experiment the Financial Technology permit in relation to Robo-Advisory pursuant to the decision of CMA's Board of Directors dated 05/04/2023G. ​