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Saudi CMA Issues New Business License to Merak Capital Co.

MT Newswires·07/23/2026 03:24:01
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03:24 AM EDT, 07/23/2026 (MT Newswires) -- Saudi Arabia's Capital Market Authority granted Merak Capital Co. a license to perform investment management and operating fund activities in the securities business. The issuance follows the investment company's completion of the commencement of business requirements, according to a Wednesday release.