The Primary Market

is The Market in which Securities are offered to the public and issued pursuant to the applicable rules, regulations, guidelines and common practices.

The prospectus Represents the statements and information required to be disclosed to the investors that would allow the investor to take the investment decision and it shall be ratified by CMA.

Public Subscription An open invitation to the public to subscribe for the shares of joint stock companies at their incorporation or upon the increase the share capital of an existing company in accordance with the conditions and provisions specified in the prospectus of such company as ratified by CMA.

The Joint-stock Company is a Commercial Company whose capital is divided into equal negotiable shares pursuant to the Law.