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Saudi Bourse OKs Morgan Stanley Saudi Arabia's Cancellation of Market-making Deal with Three Companies

MT Newswires·07/15/2026 00:10:08
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12:10 AM EDT, 07/15/2026 (MT Newswires) -- The Saudi Exchange cleared Morgan Stanley Saudi Arabia's request to cancel its market-making deal with three Saudi companies, effective Wednesday. The companies include property group Alandalus Property (SASE:4320), hospitality company Tourism Enterprise Co. (SASE:4170), d/b/a Shams, and clay pipes and fittings manufacturer Saudi Vitrified Clay Pipes (SASE:2360), according to a Tuesday release.