{"id":18033,"date":"2024-02-12T18:04:35","date_gmt":"2024-02-12T15:04:35","guid":{"rendered":"https:\/\/entarabi.com\/?p=18033"},"modified":"2024-02-12T18:14:31","modified_gmt":"2024-02-12T15:14:31","slug":"the-capital-market-authority-grants-the-competitiveness-company-a-license-to-offer-and-invest-in-debt-instruments","status":"publish","type":"post","link":"https:\/\/entarabi.com\/en\/2024\/02\/the-capital-market-authority-grants-the-competitiveness-company-a-license-to-offer-and-invest-in-debt-instruments\/","title":{"rendered":"The Capital Market Authority grants the Competitiveness Company a license to offer and invest in debt instruments"},"content":{"rendered":"<div class=\"flex-1 overflow-hidden\">\n<div class=\"react-scroll-to-bottom--css-uumqt-79elbk h-full\">\n<div class=\"react-scroll-to-bottom--css-uumqt-1n7m0yu\">\n<div class=\"flex flex-col pb-9 text-sm\">\n<div class=\"w-full text-token-text-primary\" data-testid=\"conversation-turn-5\">\n<div class=\"px-4 py-2 justify-center text-base md:gap-6 m-auto\">\n<div class=\"flex flex-1 text-base mx-auto gap-3 md:px-5 lg:px-1 xl:px-5 md:max-w-3xl lg:max-w-[40rem] xl:max-w-[48rem] group final-completion\">\n<div class=\"relative flex w-full flex-col lg:w-[calc(100%-115px)] agent-turn\">\n<div class=\"flex-col gap-1 md:gap-3\">\n<div class=\"flex flex-grow flex-col max-w-full\">\n<div class=\"min-h-[20px] text-message flex flex-col items-start gap-3 whitespace-pre-wrap break-words [.text-message+&amp;]:mt-5 overflow-x-auto\" data-message-author-role=\"assistant\" data-message-id=\"43a05285-7af7-4782-a3ff-5a451d271193\">\n<div class=\"markdown prose w-full break-words dark:prose-invert light\">\n<p style=\"text-align: left;\">The Financial Market Authority&#8217;s board has approved the request of Competitive Financial Company to provide a financial technology experience, following the fulfillment of the conditions and requirements for offering debt and investment instruments services.<\/p>\n<p style=\"text-align: left;\">This decision is based on the Financial Market System issued by Royal Decree No. (M\/30) dated 02\/06\/1424H and its executive regulations, in addition to the instructions for issuing financial technology experience permits issued by the authority.<\/p>\n<p style=\"text-align: left;\">It is worth mentioning that this announcement comes within the framework of the Financial Market Authority&#8217;s efforts to enhance the working environment in the financial sector and encourage innovation and the use of technology in delivering financial services efficiently and innovatively.<\/p>\n<p style=\"text-align: left;\">This step is considered one of the important measures in developing and updating the financial sector, which will enhance transparency, efficiency, and healthy competition in the financial market.<\/p>\n<p style=\"text-align: left;\">Thus, Competitive Financial Company can commence operations and provide debt and investment instruments services, contributing to expanding options for investors and enhancing stability and growth in the financial market.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Financial Market Authority&#8217;s board has approved the request of Competitive Financial Company to provide a financial technology experience, following the fulfillment of the conditions and requirements for offering debt and investment instruments services.<\/p>\n","protected":false},"author":11,"featured_media":18029,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"post_subtitle":"","footnotes":""},"categories":[1772],"tags":[3323,3322],"class_list":["post-18033","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startups","tag-competitive-financial-company","tag-financial-market-authoritys"],"_links":{"self":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/18033","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/comments?post=18033"}],"version-history":[{"count":0,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/18033\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media\/18029"}],"wp:attachment":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media?parent=18033"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/categories?post=18033"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/tags?post=18033"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}