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 Emkan Alarabiya has
completed the commencement of business requirements to experiment the Financial
Technology permit in relation to Investment and Real Estate Funds Distribution
Platform pursuant to the decision of CMA's Board of Directors dated 05/02/2024G.