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CMA licenses SICO Financial Saudi Company

CMA licenses SICO Financial Saudi Company
SICO will also manage sophisticated investor portfolios activities in the securities business

Riyadh – Mubasher: The Saudi Capital Market Authority (CMA) has issued its resolution to authorize SICO Financial Saudi Company to conduct managing private non-real-estate investment funds.

According to the license, SICO will also manage sophisticated investor portfolios activities in the securities business, according to a statement by the Saudi Stock Exchange (Tadawul) on Thursday.