Middle East
Saudi Arabia· RiyadhSaudi regulator proposes increased shareholder power
Saudi Arabia's Capital Market Authority is proposing new rules to give shareholders more influence over listed companies, including demanding recovery plans for loss-making firms.
Background
Saudi Arabia is undergoing economic reforms aimed at diversifying its economy away from oil. These reforms include efforts to attract foreign investment and modernize its financial markets. The Capital Market Authority plays a key role in regulating these markets.
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Saudi regulator proposes increased shareholder power
First report 2h agoLast update 2h ago1 takes 1
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started 2h ago•Last update 2h ago
The Saudi regulator is proposing measures to enhance shareholder rights and oversight of corporate governance.
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