The Saudi Arabia Capital Markets Authority has approved Al Rajhi Capital’s public offering of the Al Rajhi Global Real Estate Sector Fund. The approval confirms that the offering meets the legal requirements under the Capital Market Law and its Implementing Regulations, and is not a recommendation to subscribe. The CMA urged investors to read the fund’s terms and conditions, including details on the fund, investment strategy and risk factors, and to contact the fund manager if any provisions are unclear.
Saudi Arabia Capital Markets Authority 2025-01-23
Saudi Arabia Capital Markets Authority approves public offering of Al Rajhi Global Real Estate Sector Fund
The Saudi Arabia Capital Markets Authority has approved Al Rajhi Capital’s public offering of the Al Rajhi Global Real Estate Sector Fund, confirming compliance with the Capital Market Law and its Implementing Regulations. The CMA advises investors to review the fund's terms, strategy, and risks, and to consult the fund manager for clarification.