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Saudi CMA amends Goldman Sachs KSA business profile

Saudi CMA amends Goldman Sachs KSA business profile
The Saudi Capital Market Authority (CMA) on Sunday approved amending Goldman Sachs Saudi Arabia Company’s business profile

Riyadh – Mubasher: The Saudi Capital Market Authority (CMA) on Sunday approved amending Goldman Sachs Saudi Arabia's business profile.

The amendments include letting the company deal as a principle, an agent, an underwriter, and custodian, the CMA’s statement to the Saudi Stock Exchange (Tadawul) added.

After the amendments, Goldman Sachs Saudi Arabia's business profile will include dealing as a principal, an agent, and an underwriter, managing investment funds and discretionary portfolios management, as well as the arrangement and advisory of custody activities.