The Saudi Arabia Capital Markets Authority announced that Emkan Alarabiya has completed the commencement of business requirements for a Financial Technology Experimental Permit to test an Investment and Real Estate Funds Distribution Platform. The permission is granted under the Capital Market Law and its implementing regulations, and the Board of the Capital Market Authority’s Financial Technology Experimental Permit instructions. The experiment relates to a permit issued pursuant to a decision of the CMA’s Board of Directors dated 05/02/2024G.
Saudi Arabia Capital Markets Authority 2025-06-01
Saudi Arabia Capital Markets Authority clears Emkan Alarabiya to start FinTech experiment for an investment and real estate funds distribution platform
The Saudi Arabia Capital Markets Authority has granted Emkan Alarabiya a Financial Technology Experimental Permit to test an Investment and Real Estate Funds Distribution Platform. This permit is issued under the Capital Market Law and its implementing regulations, following a decision by the CMA’s Board of Directors.