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04 Jan
12:02

Saudi authorities approve Watani Steel share listing

Saudi Arabia’s Capital Market Authority (CMA) has approved Watani Iron Steel Company’s application for the registration of its shares for direct listing in the “Nomu” parallel market. Trading of these shares will be confined to qualified investors. The CMA’s approval will be valid for six months. It will be deemed cancelled if the listing of the company's shares is not completed within this period, the authority says in a not…
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