Naseej shares to start trading on Saudi Arabia’s parallel market on May 24

The Riyadh-based company will join the Kingdom’s stock market as a direct listing. (Supplied)
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Updated 22 May 2022
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Naseej shares to start trading on Saudi Arabia’s parallel market on May 24

RIYADH: Naseej for Communication and Information Technology Co.'s shares will start trading on Saudi Arabia’s parallel Nomu market on May 24.

The Riyadh-based company will join the Kingdom’s stock market as a direct listing with a price guidance of SR70 ($19) per share, according to a statement by the Saudi exchange, Tadawul

Founded in 1989, Naseej is specialized in computer programming, artificial intelligence, virtual reality, and information technology-related activities.