Saudi Arabia's CMA chairman: IPO pipeline looks 'quite busy'

There are currently 15 applications for new listings in the Saudi Stock market, the region's largest bourse, Mohammed bin Abdullah Elkuwaiz added.

By Reuters | Nov 04, 2020, 05.50 PM IST

Chairman of Saudi Arabia's Capital Market Authority (CMA) said on Wednesday that the pipeline for initial public offerings (IPOs) looks "quite busy".

There are currently 15 applications for new listings in the Saudi Stock market, the region's largest bourse, Mohammed bin Abdullah Elkuwaiz added.

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