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CMA LAW: Resolution No. (125) of 2026 Regarding the License Application Submitted by Al Mowazi Capital Company to Practice Securities Activities
Date Publish
03 September 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
- The application of Al Mowazi Capital Company to Practice Securities Activities; and
- Based on Resolution No. (04) 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 CMA hereby grants preliminary approval to Al Mowazi Capital Company to license the activity of Investment Advisor.
This approval is valid for six months, renewable, starting from 03/09/2026 and ending on 02/03/2027 in order to meet the criteria specified by the CMA.
Article (2)
The Company mentioned in this Resolution shall be granted a license upon completion of the requirements stated in the preliminary approval letter issued by the CMA. This license is valid for a renewable period of three years, starting from the date of issuance of the CMA license certificate, and upon payment of the prescribed fee.
Article (3)
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 Jasem Al Mudhaf
Acting Head of Supervision Sector
Issued on: 03/09/2026.
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