- Badwa Capital has fulfilled all regulatory requirements to begin its arranging activity in securities in Saudi Arabia.
- The license was granted by the Capital Market Authority (CMA) under a board resolution dated August 14, 2024.
This approval supports the ongoing diversification of licensed participants in the Saudi capital market.
Based on the Capital Market Law issued by Royal Decree No. (M/30) dated 02/06/1424H and its implementing regulations, the Capital Market Authority (CMA) announces that Badwa Capital has met the necessary requirements to commence its licensed activity in arranging securities.
The license was granted pursuant to the CMA Board Resolution dated 10/02/1446H (corresponding to August 14, 2024).
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