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Saudi Regulator OKs SNB Capital's Fund Offering

MT Newswires·09/25/2026 01:37:18
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01:37 AM EDT, 09/25/2026 (MT Newswires) -- Saudi Arabia's Capital Market Authority approved the public offering of the SNB Capital - Princess Nourah University Waqf Fund by Saudi National Bank's (SASE:1180) unit, SNB Capital. The regulator said Thursday that its approval does not constitute a recommendation to invest in the fund and only means compliance with legal and regulatory requirements.