The Capital Market Authority (CMA) invites investors, interested parties and the public to provide their comments and observations on the rules for special purposes entities, which is made available on CMA’s official website and will continue to receive the comments and observations for 60 calendar days.
All comments and observations will be studied and considered for the purpose of issuing the final rules.
The purpose of the rules is to regulate the establishment, licensing, registration, offering and management of special purposes entities and associated activities in the Kingdom.
According to the Capital Market Law, the authority will license the establishment of special purposes entity, and regulate and control its business, uses, issuance of securities, the registration in its registry established by the authority and the provisions of its articles of incorporation, and regulate the provisions of the registration of funds transferred to it, including documentation of the rights thereof and its legal standing against others, and the issuance of rules governing thereof.
The draft rules consist of 83 articles and four annexes aiming to regulate special purposes entities, including its licensing, registration, capital, owners and general assemblies, financial rights and liabilities, shareholders rights to participate in decisions and decision-making procedures, share register and other matters.
The draft also mentioned that a special purposes entity will satisfy licensing conditions at all times, and it will not issue securities other than debt instruments that are asset-backed debt instruments, asset-linked recourse debt instruments or debt-based recourse debt instruments and shares for the purpose of financing its capital.
CMA drafts rules for special purposes entities
CMA drafts rules for special purposes entities
Arab Investment launches new corporate identity
The Arab Investment Company has launched its new corporate identity, “Arab Invest,” in a strategic move that reflects its future direction and marks the start of a new chapter in its journey, which began in 1974, as one of the Arab sovereign wealth funds concerned with developing resources and enhancing economic integration among its 16 Arab member states.
The new corporate identity reflects the company’s value system underpinning its investment approach, based on robust governance, sustainability, effective partnerships, and adherence to the highest professional and economic standards, embodying its vision of building high-quality investments aligned with the priorities of the shareholder states.
Saad bin Abdulaziz Al-Khalb, chairman of the board of directors, said: “The launch of the company’s new identity comes within the context of a strategic phase aimed at enhancing clarity of institutional vision and consolidating the company’s position over the long term, in line with shareholders’ aspirations and reflective of the requirements of the coming period.”
He added that the new identity is viewed as a clear translation of a well-considered investment trajectory that reflects depth of experience, strengthens stakeholders’ confidence, and supports the company’s ability to continue serving the interests of the Arab member states.
CEO of Arab Invest Abdullah bin Saleh Bakhraibah said the launch of the new corporate identity represents, in essence, a new chapter in the company’s journey spanning more than 50 years. He noted the particular importance of this step at both the strategic and operational levels, as the new identity reflects a series of institutional transformations the company has undergone in recent years, including achieving the highest financial revenues in its history during 2025.
Bakhraibah added: “The new identity is not merely a visual update for the company; rather, it is a strategic message that expresses an advanced stage of institutional maturity, while simultaneously underscoring the deep historical roots of one of the region’s most established Arab sovereign wealth funds, consolidating its distinguished position and the credibility it enjoys in the Arab investment landscape, enabling it to keep pace with major economic developments and enhancing the company’s readiness to continue growth and expansion in accordance with best-in-class investment practices.”
He also highlighted the company’s distinguished investment efforts since the launch of its new strategy, saying that Arab Invest has recently witnessed notable development in local and global strategic partnerships, to achieve the highest performance standards and institutional operating mechanisms. Bakhraibah emphasized the company’s continued commitment to delivering sustainable investment impact in line with the aspirations of the coming period.
