- Home
- Market News & Reports
- Market News
- News Details
Web Content Viewer
Actions
The Capital Market Authority Licenses Saaf Capital 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 Saaf Capital has completed the commencements of business requirements to conduct Arranging Activity in the Securities Business licensed as per CMA resolution dated 02/07/1447H corresponding to 22/12/2025G.
Back to Market News
Related News
-
CMA Announces the Approval of the publication of the offer document from Knauf International GmbH Company to United Mining Industries Company’s shareholders to acquire all United Mining Industries Company’s shares.
The CMA announces the issuance of its resolution on 10/04/1448H corresponding to 21/09/2026G approving the proposed offer timetable, as well as the approval of the publication of the offer document from Knauf International GmbH Company to United Mining Industries Company’s shareholders to acquire all United Mining Industries Company’s shares. The offer document must include all relevant information that the shareholders need to know before making an informed decision on the offer, including the offer information and risk factors. Accepting the offer without reading the offer document and carefully reviewing its contents may involve significant risks. Therefore, shareholders should carefully read and review the offer document to reach an informed decision. If the contents of the offer document are difficult to understand, it is recommended that shareholders consult an authorized financial adviser. The CMA’s approval should never be considered as an endorsement of the acquisition’s feasibility. The CMA's approval of the application merely means that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met.
22/09/2026 08:26:46 -
CMA Announces the Approval of Retal Urban Development Co.'s Request to Increase its Capital for the purpose of acquiring 47.5% of Ajdan Real Estate Development Company.
The CMA announces the issuance of its resolution on 10/04/1448H corresponding to 21/09/2026G approving Retal Urban Development Co.’s request to increase its capital from SAR (500,000,000) to SAR (555,000,000) by issuing (55,000,000) ordinary shares to acquire 47.5% of Ajdan Real Estate Development Company. The Retal Urban Development Co. capital increase shareholder circular will be published within sufficient time before the Extraordinary General Assembly Meeting. The shareholder circular must include all relevant information that the shareholders need to know before making an informed decision when voting on the capital increase for the purpose described, including the increase in capital and risk factors. A voting decision without reading the shareholders circular and carefully reviewing its content may involve high risks. Therefore, the shareholder should carefully read the shareholders circular to be able to reach a proper voting decision. If the shareholders circular proves difficult to understand, it is recommended to consult with an authorized financial advisor. The CMA's approval of the Company's request to increase its capital should never be considered as an endorsement of the increase in capital for the aforementioned purpose feasibility. The CMA's approval of the application merely means that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met.
22/09/2026 08:21:55 -
The Capital Market Authority approves the capital increase request for Ades Holding Company through the issuance of bonus shares
The CMA has issued its resolution approving Ades Holding Company's request to increase its capital from SAR (1,129,062,513) to SAR (2,258,125,026) through issuing (1) bonus share for every (1) existing share 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 (1,129,062,513) from “Share premium” account to the Company's capital. Consequently, increasing the Company's outstanding shares from (1,129,062,513) shares to (2,258,125,026) shares, by an increase of (1,129,062,513) 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.
22/09/2026 08:20:50 -
The Capital Market Authority approves Allied Cooperative Insurance Group Company’s request to increase its capital through shares offering with the suspension of preemptive rights
The CMA announces its resolution approving Allied Cooperative Insurance Group Company's (the “Issuer”) request to increase its capital from SAR (291,000,000) to SAR (300,000,000) through offering of (900,000) shares with the suspension of preemptive rights valued at SAR (9,000,000). The shares offering resulting from the capital increase will be limited to investors categories stipulated in the Rules on The Offer of Securities and Continuing Obligations. This approval is conditional upon the issuer obtaining the approval of the extraordinary general assembly within six months from CMA’s approval date and satisfying all related regulatory requirements and applicable laws. The Issuer shall announce the details of the capital increase prior to the Extraordinary General Assembly convened to vote on the proposed resolution by sufficient time. The Shareholder’s voting decision to increase the Issuer’s capital with the suspension of preemptive rights, without carefully reviewing the disclosed details relating to the capital increase transaction and the details of the offering and fully considering their contents, may involve significant risks. Therefore, Shareholders must carefully review the disclosed details of the capital increase transaction and the details of the offering, to make an informed vote at the relevant extraordinary general assembly. If those disclosures proves difficult to understand, it is recommended to consult an authorized financial advisor. The CMA's approval of the Issuer's application should never be considered as a recommendation to participate in the offer nor invest in the Issuer's shares. The CMA's approval of the Issuer's application merely indicates that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met.
22/09/2026 08:20:07 -
Saudi Exchange Company announces the approval of Albilad Capital as a Market Maker under the Exchange Traded Funds Market Making Framework.
Saudi Exchange Company announces the approval of Albilad Capital application for conducting Market Making activities under the Exchange Traded Funds Market Making Framework on Albilad Saudi Sovereign Sukuk ETF (9403), and Albilad MSCI Saudi Growth ETF (9408), and Albilad MSCI Saudi Equity ETF (9412) commencing on 21/09/2026 The Market Maker obligations on Albilad Saudi Sovereign Sukuk ETF (9403) are as follows: • Minimum Presence of Orders: 80% • Minimum Size: ^50,000 • Maximum Spread: 2% The Market Maker obligations on Albilad MSCI Saudi Growth ETF (9408) are as follows: • Minimum Presence of Orders: 80% • Minimum Size: ^50,000 • Maximum Spread: 2% The Market Maker obligations on Albilad MSCI Saudi Equity ETF (9412) are as follows: • Minimum Presence of Orders: 80% • Minimum Size: ^50,000 • Maximum Spread: 2% Albilad Capital 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).
20/09/2026 15:36:26