EN-NEWS

Amendment to Business Profile of “MEFIC CAPITAL”

MEFIC CAPITAL had requested the approval to amend its business profile by canceling dealing as an Agent activity.The CMA Board of Commissioners issued a resolution approving on 29/08/2017, the amendment of the Business Profile of MEFIC CAPITAL by canceling as an Agent activity. MEFIC CAPITAL is now authorized to conduct Dealing as Principal, an Underwriter, Managing Investment …

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MEFIC Capital announces the resignation of Mr. Abdulaziz Al Ghunaim as board member for MEFIC public funds

MEFIC Capital announces the resignation of Mr. Abdulaziz Al Ghunaim, Senior Director – Wealth Management. He was a Board member on the below mentioned Funds as a Non-Independent Member. He has resigned from the Fund boards as on 10/11/1438H corresponding to 02/08/2017. The Chairman of the Board has accepted his resignation as on 16/11/1438H corresponding to 08/08/2017.Replacement …

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(AUB) “MEFIC Capital” strategic partner “Bank of The Year – Middle East 2016”

“MEFIC Capital” strategic partner, Ahli United Bank (AUB) has been recognized as “Bank of The Year – Middle East 2016” by The Banker, the world’s longest running international banking magazine and member of the Financial Times Group. This represents the second time that AUB has received this prestigious award. The announcement was made at the …

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THE SAUDI STOCK EXCHANGE (TADAWUL) ANNOUNCES CHANGES TO ITS EQUITIES AND ETF MARKETS TRADING HOURS

Please take note of the Saudi Stock Exchange (Tadawul) notification on changes to Trading Hours with effect from 3rd April 2016 (Sunday) corresponding to 25/6/1437 H and details as follows: 1.The Pre-trading session to start at 9:30 AM until 10:00 AM 2.The trading session to start at 10:00 AM until 3:00 PM 3.The Post-trading session …

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Al Tuwaijri named board chairman of MEFIC Capital

RIYADH —  Middle East Financial Investment Company (MEFIC Capital) has appointed Dr. Abdulrahman Al Tuwaijri as its Chairman after being elected by the Board of Directors. This was announced by the Board of Directors which held its first meeting at the company’s headquarters in Riyadh yesterday (Sunday). Ibrahim Al Hedaithy, Managing Director, MEFIC, said “the Board …

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Pillar III Disclosures 2014

In accordance with the Capital Market Authority Prudential rules, the Pillar III disclosures have been published, effective 25th March 2015. Kindly click to download the document