The Saudi Arabia Capital Markets Authority (CMA) issued a resolution approving Alpha Capital’s public offering of the Alpha Capital Freestyle GCC Equity Fund. The CMA stressed that its approval is not a recommendation to subscribe, but confirmation that the legal requirements under the Capital Market Law and its Implementing Regulations have been met. Investors were cautioned that making an investment decision without carefully reading and fully reviewing the fund’s terms and conditions may involve high risk. The CMA urged investors to review the document’s information on the fund, investment strategy and risk factors, and to refer to the fund manager if any provisions are difficult to understand.