The Capital Markets Authority (CMA) issued Decision No. (49) of 2025 regarding the licensing application submitted by Caveo Brokerage Company to practice securities activities. The preliminary approval granted to Cafieu Brokerage Company for a license to act as an unregistered securities broker on the stock exchange has been renewed.

This approval is valid for six months starting from March 30, 2025, and ending on September 29, 2025, to meet the standards set by the Authority.

According to the statement, the aforementioned company is authorized, upon completing the requirements detailed in the preliminary approval letter issued by the Authority, to operate for three years, subject to renewal from the date of issuing the Authority's license certificate, and upon payment of the prescribed fee.

The Authority has instructed the relevant authorities to implement the decision and to put it into effect as of the date of its issuance and publication in the official gazette.