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The Capital Market Authority Licenses Merak Capital Company to Conduct Arranging Activity in the Securities Business and its Completion of the Commencements of Business Requirements
In accordance to the Capital Market Law issued by Royal Decree No. (M/30) dated 02/06/1424H and its Implementing Regulations, the Capital Market Authority announces that Merak Capital Company has completed the commencements of business requirements to conduct Arranging Activity in the Securities Business licensed as per CMA approval dated 29/02/2024.
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The Capital Market Authority Licenses Merak Capital Company to Conduct Arranging Activity in the Securities Business and its Completion of the Commencements of Business Requirements
In accordance to the Capital Market Law issued by Royal Decree No. (M/30) dated 02/06/1424H and its Implementing Regulations, the Capital Market Authority announces that Merak Capital Company has completed the commencements of business requirements to conduct Arranging Activity in the Securities Business licensed as per CMA approval dated 29/02/2024.
27/08/2025 17:12:48 -
The Capital Market Authority Licenses Itmam invest company to Conduct Managing Investments, Arranging, and Advising Activities in the Securities Business and its Completion of the Commencements of Business Requirements
In accordance to the Capital Market Law issued by Royal Decree No. (M/30) dated 02/06/1424H and its Implementing Regulations, the Capital Market Authority announces that Itmam invest company has completed the commencements of business requirements to conduct Managing Investments, Advising, and Arranging Activities in the Securities Business licensed as per CMA resolution dated 1446/06/24H corresponding to 2024/12/25G.
27/08/2025 16:47:04 -
Saudi Exchange Company announces the approval of Merrill Lynch Kingdom of Saudi Arabia to conduct Market Making activities on Eighteen listed securities in the Main Market and in Nomu – Parallel Market
Saudi Exchange Company announces the approval of Merrill Lynch Kingdom of Saudi Arabia applications for conducting Market Making activities on Eighteen listed securities in Main Market and in Nomu- Parallel Market commencing on 28/08/2025. Securities listed on the Main Market: The Market Maker obligations on Umm Al Qura for Development and Construction Co (4325) are the following: • Minimum Presence of Orders: 80% • Minimum Size: SAR150,000 • Maximum Spread: 0.65% • Minimum Value Traded: ≥ 5% The Market Maker obligations on Saudi Aramco Base Oil Co (2223) are the following: • Minimum Presence of Orders: 80% • Minimum Size: SAR150,000 • Maximum Spread: 0.65% • Minimum Value Traded: ≥ 5% The Market Maker obligations on Miahona Co (2084) are the following: • Minimum Presence of Orders: 80% • Minimum Size: SAR75,000 • Maximum Spread: 0.65% • Minimum Value Traded: ≥ 5% The Market Maker obligations on Middle East Healthcare Co (4009) are the following: • Minimum Presence of Orders: 80% • Minimum Size: SAR75,000 • Maximum Spread: 0.65% • Minimum Value Traded: ≥ 5% The Market Maker obligations on Arabian Drilling Co (2381) are the following: • Minimum Presence of Orders: 80% • Minimum Size: SAR75,000 • Maximum Spread: 0.65% • Minimum Value Traded: ≥ 5% The Market Maker obligations on Derayah Financial Co (4084) are the following: • Minimum Presence of Orders: 70% • Minimum Size: SAR150,000 • Maximum Spread: 0.75% • Minimum Value Traded: ≥ 5% The Market Maker obligations on Saudi Research and Media Group (4210) are the following: • Minimum Presence of Orders: 70% • Minimum Size: SAR75,000 • Maximum Spread: 0.75% • Minimum Value Traded: ≥ 5% The Market Maker obligations on Advanced Petrochemical Co (2330) are the following: • Minimum Presence of Orders: 70% • Minimum Size: SAR75,000 • Maximum Spread: 0.75% • Minimum Value Traded: ≥ 5% The Market Maker obligations on Saudi Advanced Industries Co (2120) are the following: • Minimum Presence of Orders: 70% • Minimum Size: SAR75,000 • Maximum Spread: 0.75% • Minimum Value Traded: ≥ 5% The Market Maker obligations on Saudi Industrial Export Co (4140) are the following: • Minimum Presence of Orders: 50% • Minimum Size: SAR75,000 • Maximum Spread: 2.00% • Minimum Value Traded: N/A The Market Maker obligations on Saudi Darb Investment Co (4130) are the following: • Minimum Presence of Orders: 50% • Minimum Size: SAR250,000 • Maximum Spread: 3.00% • Minimum Value Traded: N/A Securities listed on the Nomu- Parallel Market: The Market Maker obligations on Gas Arabian Services Co (9528) are the following: • Minimum Presence of Orders: 50% • Minimum Size: SAR50,000 • Maximum Spread: 5.00% • Minimum Value Traded: N/A The Market Maker obligations on Canadian Medical Centre Co (9518) are the following: • Minimum Presence of Orders: 50% • Minimum Size: SAR50,000 • Maximum Spread: 5.00% • Minimum Value Traded: N/A The Market Maker obligations on Edarat Communication and Information Technology Co (9557) are the following: • Minimum Presence of Orders: 50% • Minimum Size: SAR50,000 • Maximum Spread: 5.00% • Minimum Value Traded: N/A The Market Maker obligations on Waja Co (9560) are the following: • Minimum Presence of Orders: 50% • Minimum Size: SAR50,000 • Maximum Spread: 5.00% • Minimum Value Traded: N/A The Market Maker obligations on AME Company for Medical Supplies (9527) are the following: • Minimum Presence of Orders: 50% • Minimum Size: SAR50,000 • Maximum Spread: 5.00% • Minimum Value Traded: N/A The Market Maker obligations on Nofoth Food Products Co (9556) are the following: • Minimum Presence of Orders: 50% • Minimum Size: SAR50,000 • Maximum Spread: 5.00% • Minimum Value Traded: N/A The Market Maker obligations on Purity for Information Technology Co (9614) are the following: • Minimum Presence of Orders: 50% • Minimum Size: SAR50,000 • Maximum Spread: 5.00% • Minimum Value Traded: N/A Merrill Lynch Kingdom of Saudi Arabia will be conducting Market Making activities as defined in the Market Making Regulations and the Market Making Procedures. For more information about Market Making, please (Click Here).
27/08/2025 15:18:03 -
CMA Announces the Approval of Public Offering of "Jood Waqf Fund”
The CMA has issued its resolution approving the public offer, by "SNB Capital”, of “Jood Waqf Fund” An Investment decision without reading the Terms and Conditions carefully or fully reviewing its content may involve high risk. Therefore, investors should carefully read the Terms and Conditions which includes detailed information on the Fund, investment strategy and risk factors, and carefully study it to be able to assess the feasibility of taking into consideration the associated risks. If the Terms and conditions proves difficult to understand, it is recommended to refer to the fund manager for more information. The CMA's approval of the fund should never be considered as a recommendation to subscribe in the fund, The CMA's approval of the fund merely means that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met.
26/08/2025 17:23:29 -
The Capital Market Authority approves the capital increase request for Perfect Presentation for Commercial Services Company through Capitalisation Issue
The CMA has issued its resolution approving Perfect Presentation for Commercial Services Company's request to increase its capital from SAR (300,000,000) to SAR (330,000,000) through capitalisation issue, such increase will be paid by transferring an amount of SAR (30,000,000) from “Retained earnings” account to the Company's capital. Consequently, increasing the Company's outstanding shares from (300,000,000) shares to (330,000,000) shares, by an increase of (30,000,000) shares. The extraordinary general assembly shall be held within six months from this approval date and the Company shall satisfy all regulatory requirements and applicable laws.
26/08/2025 17:19:16