Saudi regulator slaps four companies with SAR 60,000 in fines

11/03/2015 Argaam
Saudi Arabia’s market regulator, the Capital Market Authority (CMA), has imposed SAR 60,000 worth of fines on four companies that were found to be violating listing regulations.
 
Saudi Basic Industries Corporation (SABIC) was forced to pay SAR 30,000, while Tawuniya Insurance was fined SAR 10,000. 
 
Meanwhile, BUPA Arabia for Cooperative Insurance Co. (Bupa) and Saudi United Cooperative Insurance Co. (Walaa) were each fined SAR 10,000.

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