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Business

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

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AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

Saudi developer taps BMG for $266m IPO on Nomu

By TRENDS Desk
September 17, 2021 5:52 pm
  • The Jeddah-based developer has real estate projects in several industries, including entertainment, medicine, and hospitality
  • Bunyan United Company, the Saudi Arabia-based real estate firm, has tapped BMG Financial Group as its advisor for its upcoming listing on Nomu, a parallel market in the Saudi stock

Bunyan United Company, the Saudi Arabia-based real estate firm, has tapped BMG Financial Group as its advisor for its upcoming listing on Nomu, a parallel market in the Saudi stock exchange.

The offering is expected to be one of the biggest listings in the parallel market with a value exceeding SR1 billion ($266.6 million), BMG said in a statement.

The Jeddah-based developer has real estate projects in several industries, including entertainment, medicine, and hospitality.

Nomu is a dedicated market seen to support small and medium sized enterprises.

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INSEAD Day 4- 300x600
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