Title: Announcement Regarding the Licensing of Securities Activities for Gulf Capital Investment Company
Based on Resolution No. 84 of 2023 regarding the licensing application submitted by Gulf Capital Investment Company to practice securities activities in accordance with Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities, its Executive Bylaws, and amendments thereto, issued on 11/06/2023, and in implementation of Article 2 of the aforementioned Resolution, which grants the company a license after fulfilling the requirements of the CMA for a period of three years from the date of issuance of the CMA's license certificate.
The CMA announces that a license is issued to Gulf Capital Investment Company for the following activities:
- Investment Portfolio Manager.
- Collective Investment Scheme Manager.
- Investment Advisor.
- Investment Controller.
- Subscription Agent.
- Securities Broker not registered with an Exchange
on 19/11/2023, valid for a period of three years, renewable.