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The Saudi Exchange announces that the fluctuation limits for First Avenue for Real Estate Development Co. will be based on a share price of ^4.73
First Avenue for Real Estate Development Co. EGM held on Monday 2026/06/15 has approved the capital increase via bonus shares. Thus, the fluctuation limits on Tuesday 2026/06/16 for First Avenue for Real Estate Development Co. will be based on a share price of ^4.73 and the outstanding orders will be canceled. Furthermore, the Securities Depository Center (Edaa) will deposit the addition shares into the investor’s portfolios by Thursday 2026/06/18.
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The Saudi Exchange announces that the fluctuation limits for First Avenue for Real Estate Development Co. will be based on a share price of ^4.73
First Avenue for Real Estate Development Co. EGM held on Monday 2026/06/15 has approved the capital increase via bonus shares. Thus, the fluctuation limits on Tuesday 2026/06/16 for First Avenue for Real Estate Development Co. will be based on a share price of SAR 4.73 and the outstanding orders will be canceled. Furthermore, the Securities Depository Center (Edaa) will deposit the addition shares into the investor’s portfolios by Thursday 2026/06/18.
16/06/2026 08:38:13 -
The Capital Market Authority Announces the Approval on the Registration and the Public Offering of Riyad Bank Debt Instruments Program.
The Capital Market Authority (“CMA”) announces the issuance of its Board resolution dated 29/12/1447 AH corresponding to 15/06/2026 AD approving the application of Riyad Bank. (“Issuer”) for the registration and public offering of the debt instruments within a program that does not exceed the value of (10,000,000,000) Riyal, and the prospectus will be published within sufficient time prior to the start of the subscription period. The prospectus includes all relevant information that the investor needs to know before making an investment decision, including the financial statements of the issuer and adequate information about its activities and management, in addition to the details of the issuance program mentioned above. A subscription decision without reading the prospectus carefully and fully reviewing its content, may involve high risks. Therefore, investors should carefully read the prospectus which contains detailed information about the issuer, offering and risk factors. Thus, providing potential investors the ability to evaluate the viability of investing in the offering, taking into consideration the associated risks. If the prospectus proves difficult to understand, it is recommended to consult with an authorized financial advisor prior to making any investment decision. The CMA’s approval on the application should not be considered as a recommendation to subscribe in the offering or the debt instruments of the issuer. The CMA's approval on the application merely means that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met. The CMA’s approval on the application shall be valid for (6) months from the CMA Board resolution date. The approval shall be deemed cancelled if the offering and listing of the issuer’s first intended tranche of the debt instruments of the program is not completed within this period.
15/06/2026 15:57:07 -
The Securities Depository Center Company (Edaa) Announces the Approval of Audi Capital Custody Membership Cancellation
The Securities Depository Center Company (Edaa) announces the approval on Audi Capital request to cancel its custody membership, in accordance with the relevant regulatory and technical requirements
15/06/2026 15:32:26 -
The Saudi Exchange announces that the fluctuation limits for Edarat Communication and Information Technology Co. will be based on a share price of ^269.40
Edarat Communication and Information Technology Co. EGM held on Sunday 2026/06/14 has approved the capital increase via bonus shares. Thus, the fluctuation limits on Monday 2026/06/15 for Edarat Communication and Information Technology Co. will be based on a share price of SAR 269.40 and the outstanding orders will be canceled. Furthermore, the Securities Depository Center (Edaa) will deposit the addition shares into the investor’s portfolios by Wednesday 2026/06/17.
15/06/2026 08:27:54 -
The Capital Market Authority approves the capital increase request for Arabian Pipes Company through the issuance of bonus shares
The CMA has issued its resolution approving Arabian Pipes Company's request to increase its capital from SAR (200,000,000) to SAR (252,000,000) through issuing (1) bonus share for every (4) 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 (52,000,000) from “Retained earnings" account to the Company's capital. Consequently, increasing the Company's outstanding shares from (200,000,000) shares to (252,000,000) shares, by an increase of (52,000,000) 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.
11/06/2026 18:18:56