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Saudi Regulator Approves Al Rahden's Shares Offering

MT Newswires·12/29/2025 23:19:48
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11:19 PM EST, 12/29/2025 (MT Newswires) -- Saudi Arabia's Capital Market Authority approved Al Rahden Co.'s application to register and offer shares on Tadawul's Parallel Market. The cleaning services company intends to offer 3,520,000 shares, or 20% of its share capital, to qualified investors, according to a Monday release. The Saudi Arabian regulator's approval will remain valid for six months.