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The Capital Market Authority Licenses Joa 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 Joa Capital company has completed the commencements of business requirements to conduct Arranging Activity in the Securities Business licensed as per CMA resolution dated 04/05/1446H corresponding to 06/11/2024G.
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Saudi Exchange Company Announces the Publishing of the Draft Amendments to the Listing Rules for Public Consultation
As part of Saudi Exchange Company commitment to involve all concerned and interested parties to participate and share their views on the regulatory framework, the Saudi Exchange Company announces the publishing of the Draft Amendments to Listing Rules for public consultation, which can be viewed through the following link: • The Draft Amendments to the Listing Rules (Click Here). The proposed draft amendments aim to allow the Direct listing of shares of a company owned by a listed company on the Main Market, where the issuer's application to list its shares directly has been exempted from the public offering requirements. In addition, regulating the requirements for submitting application for direct listing on the Main Market to the Exchange and the approvals required to be submitted by the issuer. Saudi Exchange Company would be pleased to receive your feedback and observations no later than 27/3/2026G corresponding to 8/10/1447H through the following email: Public.Consultation@tadawulgroup.sa All opinions and observations shall be considered and assessed during the process of issuing the final versions of the documents.
25/02/2026 17:19:02 -
The CMA Calls for Public Consultation on the Mechanism for Listing Subsidiaries of Main Market Listed Companies Subject to Shareholders’ Approval
The Capital Market Authority (CMA) called upon relevant and interested persons participating in the capital market to share their feedback on the Draft regulation governing the direct listing of subsidiaries of companies listed on the Main Market. The consultation period will last for 30 calendar days, ending on 08/10/1447H, corresponding to 27/03/2026. The proposed draft aims to enable subsidiaries of companies listed on the Main Market to directly list their shares on the Main Market without undergoing an initial public offering process, thereby reducing the time and procedures required and lowering the costs associated with listing in the Saudi capital market. The draft also seeks to provide additional investment opportunities in the Saudi capital market, contributing to market depth and the diversification of investment products, while maintaining high levels of transparency and investor protection. The proposed amendments include permitting the issuer and its financial advisor, prior to obtaining the CMA's approval of the share registration application, to present information about the issuer and its financial statements to a group of potential investors to assess their interest in investing upon the direct listing on the Main Market. The proposal also allows the disclosure of such information to a specified group of Capital Market Institutions licensed to conduct advising activities for the purpose of preparing research and financial reports, subject to the condition that such research and reports shall not be published prior to obtaining the CMA's approval. The proposed draft also emphasizes the importance of appropriate disclosure through regulating the requirements for share registration on the Main Market, including the submission of a registration document to the CMA. The draft further regulates the information required to be included in such registration document, including clarification of the mechanism for determining the guiding share price and the risks associated with such mechanism. Pursuant to the proposed draft, the Rules on the Offer of Securities and Continuing Obligations, as well as the Glossary of Defined Terms Used in the Regulations and Rules of the Capital Market Authority, will be amended to allow this type of listing. This is expected to deliver several benefits, including enhancing the market capitalization of the Main Market with lower risk, through the listing of companies with greater familiarity and experience with market regulations, in addition to deepening the market by increasing the number of listed companies across multiple sectors. 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 links: The Draft Amendments to the Rules on the Offer of Securities and Continuing Obligations and the Glossary of Defined Terms Used in the Regulations and Rules of the Capital Market Authority Prescribed form for providing comments
25/02/2026 17:04:30 -
The Capital Market Authority Licenses Joa 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 Joa Capital company has completed the commencements of business requirements to conduct Arranging Activity in the Securities Business licensed as per CMA resolution dated 04/05/1446H corresponding to 06/11/2024G.
25/02/2026 16:58:08 -
The Capital Market Authority Licenses Investors Capital Company to Conduct Managing Investments 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 Investors Capital Company has completed the commencements of business requirements to conduct Managing Investments Activity in the Securities Business licensed as per CMA approval dated 10/10/1443H corresponding to 11/05/2022G.
25/02/2026 16:57:56 -
The Capital Market Authority Licenses Dinar Investment Company to Conduct Advisory 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 Dinar Investment Company has completed the commencements of business requirements to conduct Advisory Activity in the Securities Business licensed as per CMA resolution dated 04/08/1445H corresponding to 14/02/2024G.
25/02/2026 16:53:33