The Saudi Arabia Capital Markets Authority issued a resolution approving Arbah Capital Company’s public offer of the Arbah Saudi Equity Fund. The CMA cautioned that investing without carefully reading and fully reviewing the fund’s terms and conditions may involve high risk, and noted that investors should review the fund’s details, investment strategy and risk factors and consult the fund manager if any part is difficult to understand. It also clarified that its approval is not a recommendation to subscribe, but reflects that the legal requirements under the Capital Market Law and its Implementing Regulations have been met.