News Details
Reactivating the Two Branches of The Roots Co. for Stock Brokerage
26/08/2018
Reference to the announcement declared before regarding reactivating the two branches of The Roots Co. for Stock Brokerage, and according to what we received from The Financial Regulatory Authority that;
“Reference to The Financial Regulatory Authority Chairman decision no. (759) for the year 2018 on 24/06/2018 suspending two branches of The Roots Co. for Stock Brokerage (located in Moqattam and Nasr City) from performing its licensed activities for 15 days, as per article no. (30) of the Capital Market Law no. (95) For the year 1992 and this is for not removing its attributed violations mentioned in the warning on 03/04/2018.
Where the suspension period starts on 07/08/2018, and the company has removed its attributed violations mentioned in the decision above, and the FRA's Chairman agreed that what has been done regarding the company suspension is enough”.

Thereby the two branches of The Roots Co. for Stock Brokerage will resume their licensed activities starting from Sunday 26/08/2018.