Saudi Arabia begins license applications for commodities market

The Capital Market Authority in the Kingdom announced the start of accepting licensing applications for conducting business in the commodities and metals market during the period from July 1 to October 31, 2026. The initiative aims to enhance the infrastructure and diversify financial market tools. Only one license will be granted during this period, with a focus on trading derivatives contracts for commodities and metals in the secondary market, in order to improve market attractiveness and serve its participants. This step is part of an amendment to the Securities Market Law and the Regulations for Securities Depositories and Market Centers. The authority encourages interested parties to apply in accordance with the specified requirements.

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