Press Release

As part of its regulatory and oversight role in approving and assessing the quality of audits conducted by auditors of public joint stock companies, the Securities and Commodities Authority (SCA) is in the process of investigating the noncompliance of several external auditors with the professional requirements provided under the Commercial Companies Law and the International Standards on Auditing and in line with the reservations and significant remarks included in the audit reports. SCA will subsequently take all appropriate legal actions based on the results of its investigation.

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