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Capital Market Authority: Increase of Capital of Companies and Investment Funds 2 Riyadh

Jadaan, pointed out in his speech, which topped the report that was reported by the Saudi Press Agency (SPA) that it has been taken into account when developing the plan, the study of the most important challenges facing the financial market, its needs and the factors affecting it with the adoption of the opinions and observations of specialists of the Authority and those of the participants in the market of listed companies and licensed individuals and investors, while the results of the study represented the building blocks of the development of CMA's the strategic plan.
Moreover, last year 2014 saw an upswing of IPO of shares with its operations exceeded the amounts of SR 25.2 billion, up by 1185.9% from the previous year 2013.
The CMA's annual report pointed to the increase in the total values of the assets of the investment funds sector by the end of 2014 to SR 162.1 billion, up by 16% from the previous year 2013, accompanied by a rise in the number of funds by 21.4% to 578 funds.


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