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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.

Saudi Parts Center to list on Nomu

The registration document for direct listing of 3 million shares was released on Jan. 23, setting the price guidance per share at SR49 ($13).
By TRENDS Desk
February 18, 2022 4:44 pm
  • The Riyadh-based company received the Saudi stock market regulator’s approval for listing last year, in late December
  • Established in 1988, Saudi Parts Center is an affiliate of AlKhorayef Group, operating under the machinery systems division

Saudi Parts Center Co. will begin trading on Nomu, the Saudi stock exchange’s parallel market, on Monday, according to a bourse statement.

The registration document for direct listing of 3 million shares was released on Jan. 23, setting the price guidance per share at SR49 ($13).

The Riyadh-based company received the Saudi stock market regulator’s approval for listing last year, in late December.

Established in 1988, Saudi Parts Center is an affiliate of AlKhorayef Group, operating under the machinery systems division.

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INSEAD Day 4- 300x600
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