The Saudi Arabia Capital Market Authority has approved Alkhabeer Capital’s request to delist the Al-Khabeer Growth and Income Traded Fund, starting a process that could remove the fund’s units from the Saudi Exchange if unitholders agree. The fund manager will publish the timetable for the delisting process. If unitholders approve the delisting, trading in the fund’s units will be suspended and the units will then be delisted from the Saudi Exchange. The authority said its approval only confirms that the legal requirements under the Capital Market Law and its Implementing Regulations have been met and does not constitute a recommendation to invest in the fund.