Raoom, a major glass manufacturing company in Saudi Arabia, has awarded a contract to leading German group Benteler for supply of a new laminated glass production line. The installation of the new line will be fully completed in the first half of 2024.
RIYADH: Saudi Arabia is still seeing a tsunami of initial public offerings with yesterday's latest round of approvals for companies to sell shares to the public. The Capital Market Authority approved on Wednesday the offering of 70.3 million shares, the market regulator revealed. The approvals were led by Public Investment Fund's fully owned Elm Co. that got the OK to sell 24