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CMA LAW: Resolution No. (70) of 2026 Regarding the Appointment of KFIC Invest Company as a Substitute Manager for Rasameel Startech for Technology Opportunities Scheme
Date Publish 08 June 2026


Having Perused:
- Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities, its Executive Bylaws, and amendments thereto, and
- Based on the approval of the Unit Holders Assembly of Rasameel Startech for Technology Opportunities Scheme for appointing KFIC Invest Company as a substitute manager; and
-    Based on Resolution No. (4) of 2025 regarding the amendment of the approval authorizations for the Supervision Sector’s procedures issued on 12/01/2025.

The Following Was Resolved
Article (1)
The appointment of KFIC Invest Company as a substitute manager for Rasameel Startech for Technology Opportunities Scheme and the legal representative of the Scheme in its relationship with third parties and before the judiciary and the authorized signatory is hereby approved.
Article (2)
The concerned bodies shall execute this Resolution, each within its jurisdiction. This Resolution shall come into force from the date of issuance, and it shall be published in the Official Gazette.


Anwar Al Mudhaf

Acting Head of Supervision Sector
Issued on: 08/06/2026.

Copy of the Official Document

Disclaimer: The information provided on this page is for reference purposes only, visitors are encouraged to review and understand the information provided in the official scanned document attached in the link above (if available). The CMA endeavors to ensure that the information on this page is complete and accurate, but the CMA does not guarantee the quality, accuracy, or completeness of any content at any time. In the event the information on this page is different from the content in the official scanned document attached in the link (if available), the official scanned document attached shall take precedence.


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