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Business

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

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