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Capital Market Authority awards over 20,000 victims
The Capital Market Authority has deposited compensation for over 20,000 investors harmed by violations concerning the shares of Al-Kathiri Holding and Annam International Holding, amounting to more than 292.8 million Saudi Riyals. This action was taken based on a decision from the Securities Disputes Appeal Committee. The step aims to enhance investor protection and ensure justice. This is the fourth time in less than a year that a compensation fund has been established to compensate those affected by violations in the Saudi financial market.
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