February 6, 2025
‎Riyadh Cables eyes SAR 1.5 bln IPO on Tadawul in 2022: Report

Riyadh Cables Group is planning an initial public offering in the Saudi Exchange (Tadawul), which could raise about $400 million (SAR 1.5 billion), according to Bloomberg citing people familiar with the matter.

The company is working with Riyad Capital and Himmah Capital on the proposed listing that could come as soon as this year…
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