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Market Compensation for 20000+ Stock Violations
The Saudi Capital Market Authority announced that more than 20,000 individuals harmed by violations related to the shares of Al-Katiri and Annam International Holding have been compensated. Approximately 292.8 million riyals have been paid to compensate the affected parties, and the funds have been deposited into a compensation fund specifically established for this purpose. This initiative is part of the Authority's efforts to enhance investor protection and improve compensation mechanisms. It is the fourth such initiative in less than a year, aimed at strengthening investor confidence and ensuring justice in the Saudi financial market.
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