Capital Market Authority

​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 EQCM has completed the commencements of business requirements to conduct Managing Investment Activity in the Securities Business licensed as per CMA resolution dated 10/11/1447H corresponding to 27/04/2026. 

The CMA has issued its resolution approving the public offer, by "Portfolios Investment Company", of "PIC Saudi Equity 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.​

​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 Sadin Investments Company has completed the commencements of business requirements to conduct Advising Activity in the Securities Business licensed as per CMA approval dated 22/01/1448H corresponding to 07/07/2026G.

​The CMA has announced its resolution approving Almasane Alkobra Mining Company's request to increase its capital by way of rights issue valued at SAR (680,000,000) The increase will be limited to 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 extraordinary general assembly meeting, which will be determined by the Company's board of directors at a later date. The offering price and the number of shares offered for subscription will be determined by the Company after market closing of the same day in which the extraordinary general assembly meeting is to be held. After reviewing the Company's application in light of the governing regulatory requirements, and the quantitative and qualitative criteria applicable to all companies requesting a capital increase, the CMA has issued its resolution approving Almasane Alkobra Mining Company's capital increase request highlighted above. The rights issue prospectus will be posted and made available to the public at a later time.

An investment decision based on the Company's board recommendation to increase its capital or the CMA's approval without carefully reading the rights issue prospectus or fully reviewing its content may involve high risk. Therefore, investors should carefully read the prospectus, which contains detailed information on the Company, the offering and risk factors. Thus, providing investors the ability to evaluate the viability of investing in the offering, taking into considerations the associated risks. If the prospectus proves difficult to understand, it is recommended to consult with an authorized financial advisor prior to any investment decision.

The CMA's approval of the prospectus should never be considered as a recommendation to participate in the offer nor invest in the Company's shares. The CMA's approval of the prospectus merely means that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met.

​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 Digital Two Financial Company has completed the commencements of business requirements to conduct Managing investments Activity in the Securities Business licensed as per CMA resolution dated 13/01/1445H corresponding to 31/07/2023G.

The Capital Market Authority's (CMA's) Board approved amendments to the Rules for Registering Auditors of Entities Subject to the Authority's Supervision, to be effective from the date of their publication.

The approved amendments aim to provide a legislative environment aligned with international best practices, and consistent with the relevant laws and regulations, in order to enhance the quality of audit engagements for entities subject to the CMA's supervision and improve the quality of information disclosed by accounting firms registered with the CMA.

Among the key approved amendments is the introduction of requirements for registered accounting firms to enhance the qualification of their professional staff. The key requirements include the presence of a sufficient number of audit managers who hold the Saudi Organization for Chartered and Professional Accountants (SOCPA) fellowship, or equivalent professional fellowships accepted by the CMA, commensurate with the nature, scale, and complexity of the registered accounting firm's business activities.

The approved amendments also require an appropriate quality management system for engagements to audit and review financial statements, as well as registered accounting firms' compliance with professional standards when reviewing interim financial statements and auditing annual financial statements of entities subject to the CMA's supervision, thereby enhancing the quality of audit work and increasing investor confidence in the market.

The approved amendments further require registered accounting firms to comply with detailed instructions when the CMA conducts inspections on them, by cooperating with the CMA and providing it with the required information, data, and documents. Registered accounting firms are also required to prepare a corrective action plan, where warranted by the outcome of the CMA's inspection, submit it to the CMA for approval, and comply with its implementation. In addition, registered accounting firms are required to share the CMA's final inspection results on a listed company's audit file with that company's audit committee, thereby enabling audit committees to perform their duties in monitoring the work of the auditor.

With respect to the information required in the Transparency Report, the approved amendments include disclosures related to the firm profile, governance, and leadership of the registered accounting firm and a description of the quality management system applied by the registered accounting firm, including the names of the persons assigned to oversee the quality management system, as well as disclosure of the outcome of the annual evaluation of that system. This enables interested parties to assess the quality of audit work performed by registered accounting firms.

The CMA had published, on 8 April 2026, the draft "Amendments to the Rules for Registering Auditors of Entities Subject to the Authority's Supervision" on the Unified Electronic Platform for Consulting the Public and Government Entities (Public Consultation Platform), affiliated with the Saudi Competitiveness and Business Center, and the CMA's website for public consultation for a period of (30) calendar days.

The amended Rules for Auditors of Entities Subject to the Authority's Supervision can be accessed through the following link:

The Rules for Auditors of Entities Subject to the Authority's Supervision​