Riyadh — Mubasher: The Capital Market Authority (CMA) announced that Alternative Capital Company has fulfilled the necessary requirements to commence its licensed business activities within the Kingdom’s securities sector.
Alternative Capital is now authorized to begin operations in the activity of arranging.
The commencement of operations follows the initial regulatory approval granted by the CMA on 29 April 2026.
Meanwhile, this authorization was issued in accordance with the Capital Market Law, established by Royal Decree No. (M/30) dated 02/06/1424H, and its executive regulations.
The move marks the final step in the firm’s entry into the Saudi financial services market, allowing it to provide specialized financial services under the supervision of the market regulator.
