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Al Nahdi Medical plans e-doctor service as it prepares for IPO

RIYADH: Al Nahdi Medical Co., Saudi Arabia’s largest pharmacy group, is planning to extend its services into a full range of primary care offerings, including giving access to doctors online as the company prepares to list on the Saudi bourse. Al Nahdi, which has around 1,150 stores throughout the Kingdom, recently launched an e-pharmacist service, which allows its customers

Saudi CMA approves listing of Al Nahdi Medical, SHL in new wave of IPOs

Saudi CMA approves listing of Al Nahdi Medical, SHL in new wave of IPOs

RIYADH: Saudi Arabia's Capital Market Authority, known as CMA, approved the share offering of Al Nahdi Medical Co. and Saudi Home Loans Company in a new wave of initial public offerings. The CMA also approved the IPO of three other companies. The companies will potentially list their shares between the main index TASI and the parallel market Nomu, according to CMA statements.

Saudi Capital Market Authority OKs IPO of 30% of PIF-owned Elm Co

RIYADH: Saudi Arabia's Capital Market Authority approved the initial public offering of Elm Co., the leading developer of e-government services in the Kingdom. The authority approved selling of 24 million shares of Elm Co., which is representing 30 percent of its shares, to the public, it said in a statement. The company's prospectus will be published within sufficient time

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