23/02/2018 06:12 AST

Saudi Arabia’s Capital Market Authority said it has approved Saudi Kuwaiti Finance House Company’s request to offer, register and list Al-Markaz REIT Fund units on the Saudi Stock Exchange (Tadawul) as Real Estate Investment Traded Fund.

“The CMA’s approval of Al-Markaz REIT Fund should not be considered as a recommendation to invest in it. The CMA’s approval of Al-Markaz REIT Fund merely means that the legal requirements as per the law and its implementing regulations have been met,” the CMA said in a statement.

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