Dubai
Saudi Arabia’s Capital Market Authority said it has approved Saudi Kuwaiti Finance House Company’s request to offer, register and list Al-Markaz REIT Fund units on the Saudi Stock Exchange (Tadawul) as Real Estate Investment Traded Fund.
“The CMA’s approval of Al-Markaz REIT Fund should not be considered as a recommendation to invest in it. The CMA’s approval of Al-Markaz REIT Fund merely means that the legal requirements as per the law and its implementing regulations have been met,” the CMA said in a statement.
