The Saudi Arabia Capital Market Authority has approved SICO Capital Company’s public offering of the SICO GCC Dividends Fund, allowing the fund to be offered to the public after the authority confirmed that the applicable legal requirements had been met. The authority stated that the approval is not a recommendation to subscribe in the fund and only means the requirements under the Capital Market Law and its Implementing Regulations have been satisfied. It also reminded investors to review the fund’s terms and conditions carefully, including the investment strategy and risk factors, and to seek further information from the fund manager if any part is unclear.
Saudi Arabia Capital Markets Authority 2026-04-27
Saudi Arabia Capital Market Authority approves SICO Capital Company's public offering of SICO GCC Dividends Fund
The Saudi Arabia Capital Market Authority has approved SICO Capital Company’s public offering of the SICO GCC Dividends Fund after confirming compliance with the Capital Market Law and its Implementing Regulations. The authority clarified that the approval does not constitute a recommendation to subscribe and urged investors to review the fund’s terms, investment strategy and risk factors and to seek clarification from the fund manager as needed.