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Saudi Exchange Company announces the termination of Morgan Stanley Saudi Arabia Market Making Agreements for Yanbu National Petrochemical Co. (2290), Abdullah Alothaim Markets Co. (4001), Jarir Marketing Co. (4190) and Saudi Electricity Co. (5110)
Saudi Exchange Company announces the approval for Morgan Stanley Saudi Arabia request to terminate the Market Making activities for Yanbu National Petrochemical Co. (2290), Abdullah Alothaim Markets Co. (4001), Jarir Marketing Co. (4190) and Saudi Electricity Co. (5110) effective 17/02/2026.
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CMA Announces the Approval of Public Offering of "Namaa Waqf Fund”
The CMA has issued its resolution approving the public offer, by "SNB Capital”, of “Namaa 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.
16/02/2026 18:11:20 -
The Capital Market Authority approves the capital increase request for Al Rajhi Bank through the issuance of bonus shares
The CMA has issued its resolution approving Al Rajhi Bank’s request to increase its capital from SAR (40,000,000,000) to SAR (60,000,000,000) through issuing (1) bonus share for every (2) existing shares owned by 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 due date which will be determined later by the bank’s board, such increase will be paid by transferring an amount of SAR (20,000,000,000) from “Retained earnings” account to the bank’s capital. Consequently, increasing the bank’s outstanding shares from (4,000,000,000) shares to (6,000,000,000) shares, by an increase of (2,000,000,000) shares. The extraordinary general assembly shall be held within six months from this approval date and the bank shall satisfy all regulatory requirements and applicable laws.
16/02/2026 17:57:15 -
The Capital Market Authority approves the capital increase request for United International Holding Company through the issuance of bonus shares
The CMA has issued its resolution approving United International Holding Company’s request to increase its capital from SAR (250,000,000) to SAR (750,000,000) through issuing (47) bonus shares for every (25) existing shares owned by 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 due date which will be determined later by the Company's board, such increase will be paid by transferring an amount of SAR (43,929,503) from “Statutory reserve” account and an amount of SAR (456,070,497) from “Retained earnings” account to the Company's capital. Consequently, increasing the Company's outstanding shares from (25,000,000) shares to (75,000,000) shares, by an increase of (50,000,000) 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.
16/02/2026 17:45:52 -
Saudi Exchange Company announces the termination of Morgan Stanley Saudi Arabia Market Making Agreements for Yanbu National Petrochemical Co. (2290), Abdullah Alothaim Markets Co. (4001), Jarir Marketing Co. (4190) and Saudi Electricity Co. (5110)
Saudi Exchange Company announces the approval for Morgan Stanley Saudi Arabia request to terminate the Market Making activities for Yanbu National Petrochemical Co. (2290), Abdullah Alothaim Markets Co. (4001), Jarir Marketing Co. (4190) and Saudi Electricity Co. (5110) effective 17/02/2026.
16/02/2026 15:30:41 -
The Capital Market Authority Approves Rabigh Refining and Petrochemical Company’s Request to Reduce its Capital
The CMA has issued its resolution approving Rabigh Refining and Petrochemical Company’s request to reduce its capital from SAR (21,973,649,980) to SAR (16,709,999,980) by way of reducing the par value of the class )A( ordinary shares. This approval is conditional on the Company’s extraordinary general assembly approval and completion of the necessary procedures in relation to the applicable regulations. The Company will publish a disclosure document to its shareholders related to the proposed method of capital reduction and the expected effect of such reduction within sufficient time prior to the Extraordinary General Assembly Meeting to enable shareholders to vote on the capital decrease. The CMA’s approval of a particular company’s application to reduce its capital should never be viewed as an endorsement of the feasibility of the capital decrease. The CMA’s approval of a company’s application to reduce its capital merely means that the regulatory requirements as per the Capital Market Law and its Implementing Regulations have been met.
15/02/2026 15:26:47