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Saudi Arabia’s CMA sets up advisory body

The Saudi Capital Market Authority (CMA) has set up an advisory committee comprising all stakeholders in the money market in the kingdom, Saudi Gazette has reported. "The committee, composed of members from the Authority, banks, investment corporations, investors, academics, financial consultants, and journalists, will provide consultation, advise, suggestion and recommendations that will enhance the role of the Authority in doing its mandate and develop the Saudi capital market to better levels," said CMA governor, Mohammed Al Sheikh.