Saturday 29 April 2017
 
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CMA

Citi wins Saudi CMA licence; to start operation

Saudi Arabia's Capital Market Authority (CMA) has granted a licence to Citi, a financial services major, to provide services in the kingdom. The business will be branded Citigroup Saudi Arabia and will provide a full range of

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Saudi Arabia opens real estate funds trading to expats

In a major move, Saudi Capital Market Authority Board has given approval to expats living in the country to trade in the units of the real estate investment trust (REIT) traded funds in the Saudi bourse (Tadawul), said a report.

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Saudi Arabia opens real estate funds trading to expats

In a major move, Saudi Capital Market Authority Board has given approval to expats living in the country to trade in the units of the real estate investment trust (REIT) traded funds in the Saudi bourse (Tadawul), said a report.

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Saudi bars Deloitte from audit over MMG case

Saudi Arabia's market regulator said it had barred the local unit of New York-based accountancy firm Deloitte & Touche from providing accounting services in the kingdom for two years for breaching rules on accumulated losses.

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Saudi contractor MMG's founder, son get jail sentence

Saudi Arabia's market regulator fined contractor Mohammed Al Mojil Group (MMG) and sentenced two of its executives to five years in prison for breaching rules relating to accumulated losses, the firm said on Friday. The Capita

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Saudi contractor MMG's founder, son get jail sentence

Saudi Arabia's market regulator fined contractor Mohammed Al Mojil Group (MMG) and sentenced two of its executives to five years in prison for breaching rules relating to accumulated losses, the firm said on Friday. The Capita

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Saudi CMA may relax foreign investor rules

Saudi Arabia would be open to relaxing its rules on foreigners investing directly in its stock market to help it get included in global indices, the chairman of the Saudi financial-markets regulatory agency, the Capital Market Authority, told Re

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Saudi authority lifts suspension on Mobily shares

Saudi Arabia's Capital Market Authority (CMA) lifted a one-day suspension on trading of Mobily's shares, the stock market regulator said in a statement on Monday. It halted trading on Sunday pending the mobile firm's r

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Trading in Mobily shares suspended

Saudi Arabia's Capital Market Authority on Sunday suspended trading in Mobily's shares pending the mobile firm's response to the preliminary findings of a regulator panel investigating its restatement of over two years of earnings.

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Saudi regulator approves fourth IPO this year

Saudi Arabia's stock market regulator said on Wednesday it had approved an initial public offer of shares in Arabian Contracting Services Company, an advertising firm, the fourth flotation in the kingdom this year. The Capital

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