CMA Approves the Amendment to Business Profile of UBS Saudi Arabia Company

Wednesday, January 23, 2019 at 3:32 PM

Wed Jan 23, 2019 15:32

UBS Saudi Arabia Company has requested the approval from the CMA to amend its business profile by cancelling the activities of Dealing as Principal and Managing Investment Funds.

CMA approved the amendment of the Business Profile of UBS Saudi Arabia Company by cancelling the activities of Dealing as Principal and Managing Investment Funds. UBS Saudi Arabia Company is now authorized to conduct Dealing as Agent, Underwriter, Managing Discretionary Portfolios, Arranging, Advising and Custody activities.