Al-Maliyya delays stock exchange deadline

The Ministry of Finance has extended the deadline for companies and shareholders to convert bearer shares and registered shares to December 6, 2026, instead of September 2026. This extension is in accordance with legal provisions that prohibit companies from issuing bearer or registered shares and require them to convert such shares into registered shares within the specified deadlines. This announcement aims to ensure compliance with the laws and promote transparency in the stock market.

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