The Kuwait Capital Markets Authority (CMA) announced a Disciplinary Board decision imposing a financial penalty on Arabi Group Holding Company for breaching the CMA’s listing rules by failing to submit required interim financial statements. The breach relates to Clause (1) of Article 1-16-1 of Module Twelve (Listing Rules) of the Executive Bylaws of Law No. 7 of 2010 and its amendments. The company did not provide the CMA with a copy of its interim financial statements for the financial period ending 30 September 2025 within the required forty-five-day deadline (referenced as 16 November 2025 in the announcement) and had not submitted them at the time of the decision. The penalty imposed was KD 10,000.
2026-02-09Kuwait Capital Markets Authority
Kuwait Capital Markets Authority fines Arabi Group Holding KD 10,000 for failing to file interim financial statements under listing rules
The Kuwait Capital Markets Authority imposed a KD 10,000 penalty on Arabi Group Holding Company for failing to submit interim financial statements by the required deadline, breaching Clause (1) of Article 1-16-1 of Module Twelve of the Executive Bylaws of Law No. 7 of 2010.