The Postponement of Financial Settlements
التاريخ
Memo No.
(03/2022)
Members of SDC of Brokers and Custodians
Dear General Manager,
Subject: The Postponement of Financial Settlements
Greetings,
According to the official announcement no. (4) for the year 2022 dated 25/01/2022 issued by Prime Minister in relation to the prevailing weather condition and to protect the safety of citizens, the business of all government institutions was suspended on Thursday 27/01/2022. Accordingly, the Securities Depository Center (SDC) will close on Thursday 27/01/2022.
Therefore, please be informed that it was decided that the settlement dates would be as follows:
| Trade Date | Original Settlement Date | Postponed Settlement Date |
| Tuesday 25/01/2022 | Thursday 27/01/2022 | Sunday 30/01/2022 |
| Wednesday 26/01/2022 | Sunday 30/01/2022 | Monday 31/01/2022 |
Kind Regards,
Jamal Jallab
Acting Chief Executive Officer
