Riyadh, March 26, 2025 – The Capital Market Authority (CMA) has invited relevant and interested parties in the capital market to provide feedback on the draft proposal titled "Development of Investor Categories in the Parallel Market." This proposal includes amendments to the categories of investors eligible to invest in the Parallel Market. The consultation period will remain open for 30 days, concluding on April 28, 2025.
In a press release issued today, the CMA stated that the proposed draft seeks to enhance investor categories in the Parallel Market – Nomu by relaxing eligibility criteria and investment requirements, which is expected to have a positive market impact.
Among the key proposed amendments is a revision of the term "Qualified Investor in the Parallel Market" to exclusively refer to those eligible to invest. Additionally, the criteria for individual investors have been eased—reducing the minimum required transaction value from SAR40 million to SAR30 million in the past 12 months and eliminating the previous requirement of executing at least ten transactions per quarter.
Another proposed amendment allows board members and committee members of companies listed in the Parallel Market to qualify as eligible investors.
The CMA emphasized that all received comments and opinions will be carefully reviewed before approving the final amendments, which aim to enhance and develop the regulatory framework. Interested parties can submit their feedback through the following link: ( https://cma.org.sa/en/Market/NEWS/Pages/CMA_N_3772.aspx ).