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Saudi CMA completes securities business licence for Erteqa

Saudi CMA completes securities business licence for Erteqa
Erteqa is specialised in financial advisory services and investment banking activities

Riyadh – Mubasher: Saudi Arabia’s Capital Market Authority (CMA) has completed the requirements for issuing the securities business licence for Erteqa Financial Company, the Saudi Exchange (Tadawul) announced on Tuesday.

This step came in line with the CMA’s resolution on 22 March 2021.

Erteqa is specialised in financial advisory services and investment banking activities, including assisting family-owned businesses to restructure as needed and float their company shares on Tadawul.