Saudi Arabia’s Capital Market Authority (CMA) chairman, Mohammed El-Kuwaiz, said that about 15 companies have submitted requests to list their shares on the main market and Nomu Parallel Market and are awaiting approval.
He added, during an interview with Euromoney, that the authority aims to help investors receive additional support and facilitate new listings in the Saudi market.
The facilities provided by the authority and the existing market governance motivated companies for listing, the chairman added.
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