- Home
- Market News & Reports
- Market News
- News Details
NewsDetailsWcmPortlet
The Capital Market Authority Licenses Saaf Capital to Conduct Managing Investments and Operating Funds, 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 Saaf Capital has completed the commencements of business requirements to conduct Managing Investments and Operating Funds, and Advising Activities in the Securities Business licensed as per CMA resolution dated 02/07/1447H corresponding to 22/12/2025G.
Back to Market NewsRelated News
-
Announcement from the Saudi Exchange regarding the transfer approval of Armah Sports Co. Shares to the Main Market
The Saudi Exchange announces the issuance of its resolution dated 26/02/1448H, corresponding to 09/08/2026G approving Armah Sports Co. request to transfer from Nomu - Parallel Market to the Main Market, with a capital of SAR 328,591,660 and 32,859,166 shares. The company's shares will continue to be traded in Nomu - Parallel market until the end of the period for publishing the transfer document, accordingly, the issuer must publish the transfer document within three trading sessions following the announcement of Saudi Exchange's approval of the transfer request. The transfer document will be available to the public for viewing on the websites of the issuer, Saudi Exchange and the financial advisor for a period of ten trading sessions. Accordingly, the trading of the issuer's shares will be ceased starting from the day following the end of the period for publishing the transfer document for a period not exceeding five trading sessions, and the transfer procedures will begin. Saudi Exchange will also announce the cease of trading the shares and start date of listing the issuer's shares in the main market as soon as the procedures are completed. Investors must search and study the information disclosed and the information mentioned in the transfer document. In the event that it is not possible to understand the contents of the transfer document, it is preferable to consult an authorized financial advisor before making any investment decision. The Saudi Exchange’s approval of the transition request should never be considered as a recommendation to invest in the company shares. The Saudi Exchange’s approval of the transition request merely means that imposed requirements as per the Listing Rules were met by the company.
09/08/2026 08:46:09 -
Saudi Exchange Announces the Listing of Al Rajhi MSCI Saudi Equity ETF By Al Rajhi Capital
Saudi Exchange announces the listing and trading units of “Al Rajhi MSCI Saudi Equity ETF” as an Exchange Traded Fund on the Main Market on Monday 10/08/2026, with the symbol 9413 and ISIN Code SA16JG54J2L5 with +/- 10% daily price fluctuation limits. For more information about Al Rajhi MSCI Saudi Equity ETF, please (click here) to review its terms and conditions. For more information, please visit the Funds page (ETFs) on our website by (clicking here).
06/08/2026 15:30:54 -
CMA Announces the Approval of Public Offering of “Musharaka Waqf Qabas Charity Fund”
The CMA has issued its resolution approving the public offer, by “Musharaka Capital Company”, of “Musharaka Waqf Qabas Charity 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.
05/08/2026 16:27:34 -
Saudi Exchange Company announces the approval of Al Rajhi Capital to conduct Market Making activities on Mohammed Hasan AlNaqool Sons Co. (9514) and Axelerated Solutions for Information and Communication Technology Co. (9637)
05/08/2026 15:31:25 -
Saudi Exchange Company announces the approval of Merrill Lynch KSA application to conduct Market Making activities on Jazan Development and Investment Co. (6090) and Salama Cooperative Insurance Co. (8050)
Saudi Exchange Company announces the approval of Merrill Lynch KSA application to conduct Market Making activities on Jazan Development and Investment Co. (6090) and Salama Cooperative Insurance Co. (8050) commencing on 05/08/2026 The Market Maker obligations on Jazan Development and Investment Co. (6090) are the following: • Minimum Presence of Orders: 50% • Minimum Size: SAR50,000 • Maximum Spread: 2.00% • Minimum Value Traded: N/A The Market Maker obligations on Salama Cooperative Insurance Co. (8050) are the following: • Minimum Presence of Orders: 50% • Minimum Size: SAR50,000 • Maximum Spread: 2.00% • Minimum Value Traded: N/A Merrill Lynch KSA will conduct Market Making activities as defined in the Market Making Regulations and the Market Making Procedures. For more information about Market Making, please (Click Here).
04/08/2026 15:34:44