CMA fines two Saudi firms for non-compliance

15/07/2019 Argaam

 

Saudi market regulator, Capital Market Authority (CMA), imposed a fine of SAR 10,000 on Tabuk Cement Co. and Bank Albilad each due to violating the law, according to an official statement.

 

Both entities did not provide the CMA with information related to the fiscal year ending Dec. 31, 2018 within the specified period, the statement added.

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