Wednesday 23 April 2014
 
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Saudi CMA

Sipchem sukuk issue wins approval

Saudi International Petrochemical Co (Sipchem) has been given regulatory approval to issue an Islamic bond, or sukuk, it said on Sunday.    The company said it would decide the size at a later stage after it got approval fr

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Unicorn wins Saudi brokerage licence

Bahrain-based Unicorn Investment Bank said its Saudi brokerage has won a licence from Saudi Arabia’s Capital Market Authority (CMA) to launch its brokerage services in the Kingdom. With this, Unicorn Capital Saudi Arabia (UCSA) can now pro

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Saudi CMA imposes fines on 3 firms

The Saudi regulator, CMA, has imposed fines of up to $27,000 on three firms for breaching disclosure rules. It brought to 13 the number of companies fined for violating disclosure regulations since May 16.    Al Baha

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