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CMA LAW: Resolution No. (74) of 2026 Regarding Terminating the Restriction of the Securities Activities License of First Investment Company
Date Publish
14 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
- Resolution No. (146) of 2024 Regarding Continuing the Restriction of the Securities Activities License of First Investment Company; and
- CMA Board of Commissioners Resolutions passed in its meeting No. (24) of 2026 held on 10/06/2026.
The Following Was Resolved:
Article (1)
The restriction of the license of the following securities activities of First Investment Company is hereby terminated:
- Investment Portfolio Manager.
- Custodian.
- Collective Investment Scheme Manager.
- Subscription Agent.
As the Company has addressed the reasons for restriction of the activities mentioned in Resolution No. (146) of 2024.
Article (2)
The concerned bodies shall execute this Resolution, each within its jurisdiction. This Resolution shall come into force from the date of its issuance, and it shall be published in the Official Gazette.
Emad Tifouni
Issued on: 14/06/2026.
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