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Saudi Arabia: Shura Examines Feasibility of Establishing Commodities Exchange Market
Argaam, 29 May 2023: Saudi Arabia’s Shura Council has requested the Capital Market Authority to assess the viability of creating a commodities exchange market in the country.
This decision was made after taking into account the input from the Financial and Economic Committee and the feedback from council members on the annual report of the Financial Market Authority.
Additionally, the Council has instructed the authority to evaluate the effectiveness of awareness programs pertaining to corporate governance and to examine the reasons behind the rise in reports against listed companies.
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