Kuwait Capital Markets Authority issued a Disciplinary Board decision imposing a financial penalty on Arabi Group Holding Company for breaching the listing rules after it failed to provide its interim financial statements for the period ended 30 June 2025 within the required legal timeframe. 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 submit the interim financial statements by the legal deadline of 14 August 2025 and had not provided them to the CMA as of the announcement; the Disciplinary Board Resolution No. 39/2025 (Authority Resolution No. 80/2025) set the penalty at KD 10,000.
Kuwait Capital Markets Authority 2025-11-10
Kuwait Capital Markets Authority fines Arabi Group Holding Company KD 10,000 for failing to submit interim financial statements on time
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 legal deadline, breaching listing rules. The violation pertains to Clause (1) of Article (1-16-1) of Module Twelve of the Executive Bylaws of Law No. 7 of 2010.