
ZAWYA-SNG: CMA passes Nomu listing, IPO of 3 Saudi companies

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The Capital Market Authority (CMA) of Saudi Arabia has approved the listing of Kesay Clinics Company on the Parallel Market (Nomu) and the IPOs of three companies: Dar Albalad for Business Solutions, Mutlaq Al Ghowairi Contracting Company (MGC), and Al Dyar Al Arabia Real Estate Development. Kesay Clinics will offer 2 million shares, while Dar Albalad plans to float 21 million shares, MGC aims to list 240 million shares, and Al Dyar Al Arabia seeks to trade 97.50 million shares. The approvals were granted on December 31, 2025.
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