Capital Market Authority (CMA), the country's regulatory body, said it will soon launch a set of new services considered important for investors and listed companies in the capital market. CMA and the Saudi Stock Exchange (Tadawul) have completed preparations to launch the new services that are considered important for investors of all kinds and listed companies in the capital market, Dr. Abdulrahman Al-Tuwijri, CMA Chairman, told the Saudi Gazette, Tuesday. Dr. Tuwijri said the launch of new services will be an update on the “Tadawulaty” system which provided e-voting services. These services will be launched sometime this month, said Dr. Al-Tuwijri. “The continuous development of the Saudi Capital Market with appropriate mechanisms and tools is the CMA's approach to increase transparency and fairness and to raise the efficiency of the market,” the official said. Dr. Tuwijri said the planned launch is one of the authority's initiatives to activate the role of investors in the market and increase awareness of their rights in listed companies in which they own securities. He said Tadawul has developed the dividends reports through “Tadawulaty” that enables investors to inquire about dividends entitlements. __
