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Saudi Exchange Announces the Trading of Al Waha REIT New Units
As per the CMA Board issued resolution on 08/12/1446 H corresponding to 04/06/2025 approving Al Wasatah Al Maliah’s request to increase “Al Waha REIT Fund” total assets value by issuing additional units for the purpose of acquiring new real estate assets.
Saudi Exchange announces that the trading of new units will start on Sunday 17/08/2025.
For more information about “Al Waha REIT Fund” please (click here) to review the Terms and Conditions.
For more information, please visit the Funds page (REITs) on our website by (clicking here).
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Saudi Exchange Announces the Trading of Al Waha REIT New Units
As per the CMA Board issued resolution on 08/12/1446 H corresponding to 04/06/2025 approving Al Wasatah Al Maliah’s request to increase “Al Waha REIT Fund” total assets value by issuing additional units for the purpose of acquiring new real estate assets. Saudi Exchange announces that the trading of new units will start on Sunday 17/08/2025. For more information about “Al Waha REIT Fund” please (click here) to review the Terms and Conditions. For more information, please visit the Funds page (REITs) on our website by (clicking here).
14/08/2025 15:30:25 -
Announcement from the Saudi Exchange Regarding the Trading Suspension of Academy of Learning Co. Company’s Shares upon the Company’s Request
The Saudi Exchange announces the trading suspension of Academy of Learning Co.’s shares in the Saudi Exchange starting from 10:00 AM until 12:00 PM today Wednesday 19/02/1447, corresponding to 13/08/2025 upon the company’s request, in accordance to the listing rules and the procedures of suspension of listed securities, as it will announce a material event. The order maintenance period will start at 11:30 AM.
13/08/2025 09:54:42 -
Announcement from the Saudi Exchange Regarding the Suspension of Trading the Shares of Saudi Industrial Development Co.
Due to Saudi Industrial Development Co. noncompliance with announcing its financial statements period ending on 30-06-2025 during the specified period mentioned in the Rules on the Offer of Securities and Continuing Obligations According to the Exchange’s authorities stipulated in the Listing Rules, and to the Procedures of Suspension of Listed Securities, Saudi Exchange announces that it will perform the following: 1. Suspend the trading of Saudi Industrial Development Co. shares on the Exchange for one trading day, dated on Tuesday 18/02/1447, corresponding to 12/08/2025. 2. Saudi Industrial Development Co. shares will resume trading for twenty trading sessions starting from Wednesday 19/02/1447, corresponding to 13/08/2025, following the one-day suspension, and the company is required to announce its financial statements before the end of Tuesday 17/03/1447, corresponding to 09/09/2025. 3. In case the company did not announce its financial statements period ending on 30-06-2025 during the period stated in point (2), trading of Saudi Industrial Development Co. shares will be suspended again starting from Wednesday 18/03/1447, corresponding to 10/09/2025 until the company announces its financial statements.
12/08/2025 08:31:04 -
The Capital Market Authority Calls for Public Consultation on Enabling the Public Offering of Financing Investment Funds
The Capital Market Authority (CMA) called upon relevant and interested persons participating in the capital market to share their feedback on enabling investors in the capital market to invest in financing investment funds, which were previously offered through private placements, under the regulatory framework for financing investment funds. The consultation period will last for 30 calendar days, ending on 18/03/1447H, corresponding to 10/09/2025. The proposed draft aims to develop the regulatory framework for financing investment funds and introduce new products in the Saudi capital market by allowing investment funds that are established to engage in direct and indirect financing activities to be publicly offered. This would contribute to providing an additional financing channel that supports economic growth and meets its financing needs, enables the growth of the asset management industry, increases total managed assets, and diversifies the investment products available to public investors in the Saudi capital market. The main elements of the proposed draft include allowing additional structures for financing investment funds by permitting their public offering and listing on both the Main Market and the Parallel Market, as they are currently limited to private placements. The proposal also includes the development of regulatory requirements for financing investment funds. At the legislative and regulatory level, the proposed framework includes consolidating the provisions governing financing investment funds into a single regulatory document. This aims to unify the regulation of financing investment funds and enhance the clarity of legislation, thereby strengthening investor and market participant protection in the Saudi capital market. The proposed amendments also include a number of newly introduced requirements related to the risk management of public financing funds, including a restriction that prohibits a public financing fund from having exposure to a single beneficiary or multiple beneficiaries belonging to the same group amounting to 25% or more of the fund’s total size. The proposed draft included defining the investment areas of financing investment funds, which consist of financing activities, money market transactions, bank deposits, and money market funds, in accordance with the provisions related to the investment areas of financing investment funds in the proposed regulatory framework. This is to avoid the fund’s exposure to highly volatile investment assets and other low-liquidity assets. The proposed draft also clarified that engaging in indirect financing activities within the Kingdom shall be carried out through financing funds by purchasing financing portfolios from entities supervised by the Saudi Central Bank (SAMA), or by entering into agreements or partnerships with financing companies licensed by SAMA to practice one or more financing activities to provide joint financing, or by investing with financing companies licensed by SAMA, whereby the credit granting decision is made by the financing companies. The regulatory framework defines a direct financing fund as an investment fund established for the purpose of engaging in direct financing activities for legal persons and investment funds , while an indirect financing fund was defined as an investment fund established for the purpose of carrying out the indirect financing activities stipulated in Clause (Sixth) of Chapter One of these Instructions. Financing investment funds are distinguished by their ability to provide continuous cash flows to unit holders. They also offer a mix of risks and returns that enable investors to diversify their investment portfolios, with the possibility of listing the fund on the capital market. Once approved, the draft is expected to contribute to increased momentum and accelerated growth in the assets under management of financing investment funds, with the total value of private financing funds reaching approximately SAR 2.8 billion by the end of 2024. The introduction of this type of financing also provides more diverse financing options and enables the collection of sufficient subscriptions to cover the fund’s size, allowing the fund manager to establish larger funds with the capacity to diversify their financing portfolios, thereby reducing the fund’s overall risk level. The CMA emphasized that the comments of relevant and interested persons shall be taken into full consideration for the purpose of approving the final Proposed Amendments, which in turn shall contribute to the aim of enhancing and developing the regulatory environment. Opinions and comments can be received through any of the following: The Unified Electronic Platform for Consulting the Public and Government Entities (Public Consultation Platform), affiliated with the National Competitiveness Center through the following link: (istitlaa.ncc.gov.sa). The prescribed form through the following email: (Laws.Regulations@cma.org.sa) The Draft can be viewed via the following link: The Draft Regulatory Framework to the Financing Investment Funds Prescribed form for providing comments
11/08/2025 16:36:58 -
The Capital Market Authority approves Saudi Industrial Development Company’s request to increase its capital by way of Rights Issue
The CMA has announced its resolution approving Saudi Industrial Development Company’s request to increase its capital by way of rights issue valued at ^ (165,000,000). The increase will be limited to the shareholders who are registered in the shareholders’ registry at the Security Depository Center as of the closing of the second trading day after the extraordinary general assembly meeting, which will be determined by the Company’s board of directors at a later date. The offering price and the number of shares offered for subscription will be determined by the Company after market closing of the same day in which the extraordinary general assembly meeting is to be held. After reviewing the Company’s application in light of the governing regulatory requirements, and the quantitative and qualitative criteria applicable to all companies requesting a capital increase, the CMA has issued its resolution approving Saudi Industrial Development Company’s capital increase request highlighted above. The rights issue prospectus will be posted and made available to the public at a later time. An investment decision based on the Company’s board recommendation to increase its capital or the CMA’s approval without carefully reading the rights issue prospectus or fully reviewing its content may involve high risk. Therefore, investors should carefully read the prospectus, which contains detailed information on the Company, the offering and risk factors. Thus, providing investors the ability to evaluate the viability of investing in the offering, taking into considerations the associated risks. If the prospectus proves difficult to understand, it is recommended to consult with an authorized financial advisor prior to any investment decision. The CMA’s approval of the prospectus should never be considered as a recommendation to participate in the offer nor invest in the Company's shares. The CMA’s approval of the prospectus merely means that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met.
10/08/2025 16:11:21