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الاقتصادية
Three firms prepare for Saudi IPO
Three Saudi industrial companies are planning to launch their shares in the stock market in the coming period, aiming to fund expansion and improve governance. Among them is "Gulf Factory," which plans to go public after its investments exceeded 800 million riyals and it exports to around 40 countries; "Saudi Barrel Factory," which intends to list at the beginning of next year; and "Rafhofco," which is considering a listing on the parallel market "NOMU." Despite these plans, the Saudi market experienced a decline in the number of initial public offering (IPO) applications during the first quarter of 2026, as some companies postponed their plans due to the timing of the listings and market performance.
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