Tuesday 07, August 2018 by Kudakwashe

Saudi CMA approves public offering of Ahli MSCI Saudi ETF


Saudi Arabia’s Central Market Authority said that its approval of the fund should never be considered as a recommendation to subscribe in the fund.


The CMA has announced its approval of the public offer by NCB Capital Company of Al Ahli MSCI Saudi ETF.

In a statement, the CMA said that its approval of the fund merely means that the legal requirements as per the capital market law as well as its implementing regulations have been met.


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