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ADGM fines PKF $100,000 over audit of $46bn company

tadawul

Saudi construction materials firm Saleh Abdulaziz Al Rashed sets IPO price range

Saudi construction materials firm Saleh Abdulaziz Al Rashed sets IPO price range

The offer price range has been set at SAR43 to SAR45 per share, implying a market capitalisation at listing of between SAR800m  and SAR837m

02 February, 2026

IPO update: Red Sea International plans to list First Fix unit on Tadawul

IPO update: Red Sea International plans to list First Fix unit on Tadawul

Earlier this month, on June 3, RSI appointed a special committee of three independent directors to advise shareholders regarding the proposed IPO

30 June, 2025

Derayah Financial debuts on Saudi Exchange after $400m IPO

Derayah Financial debuts on Saudi Exchange after $400m IPO

Derayah’s listing aligns with Saudi Arabia’s broader efforts to deepen its capital markets as part of the Financial Sector Development Program under Vision 2030

10 March, 2025

Saudi IPO: PIF-backed developer Umm Al Qura to list on Tadawul

Saudi IPO: PIF-backed developer Umm Al Qura to list on Tadawul

The Saudi Exchange granted conditional approval on December 8, 2024, for the listing of Umm Al Qura’s shares on Tadawul’s Main Market

04 February, 2025

EFG Hermes advises on $449m Almoosa Healthcare IPO on Saudi Exchange

EFG Hermes advises on $449m Almoosa Healthcare IPO on Saudi Exchange

The healthcare company began trading publicly on Tuesday and rose 15 per cent on debut as it hovered around the SAR139.60 mark

07 January, 2025

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