Three industrial firms plan IPO in Saudi market

Three Saudi industrial companies are planning to launch their shares in the stock market in the upcoming period. Gulf Industries Company is preparing to go public soon, having exceeded investments of 800 million riyals and exporting its products to approximately 40 countries. Meanwhile, Saudi Barrel Factory intends to be listed at the beginning of next year, and Roffco is considering listing on the parallel market by the end of the year. These moves come as part of the Saudi industrial companies' strategy to leverage the capital market to finance expansion and improve governance, despite the decline in market demand during the first quarter of 2026.

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