An appeals panel of Saudi Arabia's market regulator, Capital Market Authority (CMA) has issued a final ruling in the case of the six men found guilty of violating trading regulations in transactions with shares in Tihama Advertising and Public Relations Co in 2006, Reuters has reported. One of the investors was fined SR200,000 and ordered to pay back SR142.8m which CMA said were gains he made in these transactions.
You might also like...
Waste energy projects find relevance
29 March 2024
Iraq signs five-year gas deal with Iran
29 March 2024
Iraq pushing forward with refinery project
29 March 2024
Samsung C&T to undertake Amiral cogen EPC
29 March 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.