The Capital Markets Authority (CMA) announced the renewal of license for securities activities of KFIC Financial Brokerage Company with the Capital Markets Authority to practice the action of an Investment Portfolio Manager, for a period of three years, renewable, after payment of the prescribed fees, starting from the date of November 8, 2021. This decision came after reviewing Law No. 7 of 2010 regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and its Amendments and the regulation of securities activity, its executive regulations and their amendments, the certificate of licensing securities activities of the KFIC Financial Brokerage Company, and the request of KFIC to renew the license of securities activities with CMA.