Saudi stock market to list 36 new firms by the end of Q3, says CEO

Saudi Exchange CEO Mohammed Al-Rumaih. (Supplied)
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Updated 27 June 2022
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Saudi stock market to list 36 new firms by the end of Q3, says CEO

RIYADH: Saudi Arabia’s stock exchange is expected to see 36 new listings by the end of the third quarter of 2022, Asharq reported citing CEO Mohammed Al-Rumaih.

Al-Rumaih added that 10 new companies have been approved for listing on the bourse.

With the latest initial public offering of Saudi developer Retal Urban Development Co., Tadawul has recorded 27 listings so far this year, the executive concluded.