The Capital Market Authority (CMA) opened applications on July 6, 2026 for authorization to carry out commodity exchange activities in the Kingdom, setting a 123-day window that runs from July 1 to October 31, 2026. According to CMA, the regulator intends to grant a single license focused on secondary trading of commodity and metals derivatives contracts. The same week, CMA approved Al Rajhi Capital Company's request to list the Al Rajhi MSCI Saudi Equity Dividends ETF on Tadawul as an exchange-traded fund, per a Saudi Exchange market news release. On the corporate side, ACWA Power's board recommended a SAR 353M ($96M) cash dividend for 2025, equal to SAR 0.46 per share, and adopted a new dividend policy paying at least 30% of net profit annually between 2026 and 2030. Tadawul admitted MSGA Investment Company to the Nomu Parallel Market under symbol 9655, and the Q2 2026 index maintenance took effect on July 5, removing Chemanol 2001 and Nama Chemicals 2210 from TASI. Contract awards to listed issuers totaled more than SAR 814M across three disclosures.
ACWA Power proposes SAR 0.46/shr dividend, sets 2026-2030 payout policy
ACWA Power's board recommended a cash dividend of SAR 353M ($96M) for 2025, or SAR 0.46 per share, subject to shareholder approval, according to a Tadawul disclosure reported by Argaam on July 8, 2026. The board also adopted a new dividend policy that pays at least 30% of net profit annually between 2026 and 2030. The company reported first-quarter 2026 net profit of SAR 345M, down 19% year-on-year, while Q1 2026 revenue rose 3% year-on-year to SAR 2B, per the disclosure. The multi-year policy formalizes the payout framework through the end of the decade and sets a floor tied to net profit rather than a fixed per-share figure.
MSGA Investment lists on Nomu; Q2 index rebalancing takes effect
The Saudi Exchange announced the listing and trading of MSGA Investment Company shares on the Nomu Parallel Market on Wednesday, July 8, 2026 under symbol 9655 (ISIN SA16J034MRH7). Tadawul set the daily fluctuation limit at +/- 30% and the static limit at +/- 10%. The Securities Depository Center Company (Edaa) deposited the subscribed securities into eligible holders' accounts on July 6, 2026. Separately, Tadawul's Q2 2026 periodic indices maintenance took effect at the start of trading on July 5, 2026. Methanol Chemicals Company (Chemanol, 2001) and Nama Chemicals 2210 were excluded from TASI and the Material Industry Group Index, while Amwaj International 9537 was removed from the Nomu Capped Index (NomuC), according to Tadawul data reported by Decypha.
Corporate contract awards: Makkah Construction, Academy of Learning, Anmat
Three listed issuers disclosed contract awards totaling more than SAR 814M in the first week of July. Makkah Construction and Development Company 4100 signed a SAR 372M (excluding VAT) contract on July 6, 2026 with Roots Innovative Industrial Company for phased renovation of guest rooms at Makkah Hotel and Towers, with works scheduled around Ramadan and Hajj to keep the hotel operational, per a company statement. Academy of Learning Company 9541 signed a SAR 405.14M training support agreement with the Human Resources Development Fund (Hadaf), disclosed to Tadawul on July 8, 2026. Anmat Technology for Trading Company signed a SAR 37M contract with the Ministry of Defense, per a Tadawul disclosure dated July 7, 2026.
Saudi German Health approves SAR 0.5/shr dividend, elects new board
Middle East Healthcare Company (Saudi German Health) shareholders approved a 5% cash dividend, or SAR 0.5 per share, for 2025 at the ordinary general meeting held July 7, 2026, according to a Tadawul disclosure. The OGM also elected new board members for a four-year term starting July 8, 2026, and ratified the appointment of Ghazi Saleh Hasanain, replacing Mohammed Moumena. The dividend and governance items were part of the OGM agenda summarized in company filings.
Tadawul flow: private deals, Edaa action
Six negotiated private deals worth a combined SAR 88.6M were executed on Tadawul on July 6, 2026, according to exchange data reported by Maaal. Separately, Edaa announced on July 2, 2026 the implementation of a securities quantity increase for Almuneef Company for Trade, Industry, Agriculture and Contracting into eligible securities holders' accounts. Al-Sagr Cooperative (ASG) disclosed on July 8, 2026 that construction on the fourth expansion phase at Sudair Industrial City is expected to begin by the end of Q3 2026, per a Tadawul filing.
Outlook
The CMA commodity exchange application window remains open through October 31, 2026, with the regulator receiving submissions from prospective operators. MSGA Investment 9655 enters its first full trading week on Nomu, with the wider fluctuation limits typical of parallel-market debut. Second-quarter 2026 earnings season begins in the coming weeks, with banking and petrochemical issuers scheduled to disclose results per Tadawul's corporate calendar. The Al Rajhi MSCI Saudi Equity Dividends ETF is expected to commence trading following listing approval procedures at the Saudi Exchange.
