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Title: Resolution No. (15) of 2025 Regarding the Renewal of the Securities Activities License for Al-Safat Investment Company
Date Publish
27 January 2025
Having Perused:
- Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities, its Executive Bylaws, and amendments thereto, and
- The securities activities license certificate for Al-Safat Investment Company No. (AP/2016/0012) issued on 19/04/2022, and
- The application of Al-Safat Investment Company to renew the securities activities license with the CMA, and
- Based on Resolution No. (04) of 2025 regarding the amendment of the approval authorizations for the Supervision Sector's procedures, issued on 12/01/2025.
The Following Was Resolved:
Article (1)
The securities activities license of Al-Safat Investment Company with the CMA is hereby renewed for practicing the following activities:
1. Investment Advisor.
2. Investment Portfolio Manager.
3. Collective Investment Scheme Manager.
4. Investment Controller.
5. Subscription Agent.
for a period of three years, renewable, effective from 18/04/2025.
Article (2)
The concerned bodies shall execute this Resolution, each within its jurisdiction. This Resolution shall come into force from the date of its issuance, and it shall be published in the Official Gazette.
Fahed Al-Fadli
Acting Head of Supervision Sector
Issued on: 27/01/2025.
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