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Business

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

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.

Nayifat Finance to trade on Tadawul

By TRENDS Desk
November 19, 2021 5:26 pm
  • The stock will have +/- 30 percent daily price fluctuation limits and +/- 10 percent static price fluctuation limits
  • These fluctuation limits will be applied during the first three days of listing, and from the fourth trading day onwards

Nayifat Finance Company (NFC) will start trading on Tadawul on November 22, according to a Saudi Exchange filing.

The stock will have +/- 30 percent daily price fluctuation limits and +/- 10 percent static price fluctuation limits, the company said on Tadawul.

These fluctuation limits will be applied during the first three days of listing, and from the fourth trading day onward, the daily price fluctuation limits will revert to +/- 10 percent and the static price fluctuation limits will no longer apply.

Retail investors started, on Nov. 7, subscription to 3.5 million shares of NFC, at SR34 ($9) a share.

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INSEAD Day 4- 300x600
INSEAD Day 4- 300x600
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