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Saudi CMA Clears Portfolios Investment Co.'s Fund Offering

MT Newswires·10/06/2026 00:28:06
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12:28 AM EDT, 10/06/2026 (MT Newswires) -- Saudi Arabia's Capital Market Authority approved the public offering of PIC Saudi Equity Fund by equity investment management company Portfolios Investment Co. The regulator said Monday that its approval does not constitute a recommendation to invest in the fund and only reflects compliance with legal and regulatory requirements.