Saudi regulator fines 4 firms over disclosureThe Saudi bourse regulator has fined four listed firms for breaching disclosure rules as it tries to polish the image of an opaque bourse gradually opening up to foreign investors. The chief executive of Zain Saudi Arabia, the kingdom' More… |
Saudi market regulator fines insurance firmThe Saudi bourse regulator has imposed a SR50,000 ($13,333) fine on the Saudi Indian Company for Co-operative Insurance for violating disclosure regulations. "The company obtained a licence to operate in the insurance sector on July 9 and More… |