Saudi Arabia’s Capital Market Authority has registered Kreston NBB for Professional Consulting to conduct audit engagements for entities under its supervision, subject to specified conditions and limitations. The firm may not begin auditing listed companies or real estate investment traded funds until it satisfies the applicable requirements. The registration increases the number of accounting firms registered with the authority to 17, while the number of registered certified public accountants stands at 58. The auditor registration framework was amended in 2022 to develop procedures for registering auditors of supervised entities.