Macquarie Capital gets CMA license for advisory services

Saudi Arabia's Capital Market Authority (CMA) approved licensing Macquarie Capital Saudi Arabia LLC to provide arrangement and advisory services, the market regulator said in a statement to Tadawul on Thursday.

Macquarie Capital, Macquarie Group's principal investing, corporate finance advisory division, has been operating in the Middle East since 2005.

Macquarie Capital provides corporate finance advisory and capital markets services to corporate, private equity and government clients involved in public and private M&A, debt and equity fund raisings, private equity raisings and corporate restructuring.