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.

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