MedGulf fined SAR 180,000 over noncompliance with market regulations

11/10/2018 Argaam

 

Saudi market regulator, the Capital Market Authority (CMA), has imposed a fine of SAR 180,000 on the Mediterranean and Gulf Insurance and Reinsurance Co. (MedGulf), the CMA said in a statement.

 

MedGulf failed to comply with listing and corporate governance regulations over the period 2008-2017.

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