Saudi CMA Approves AlDyar AlArabia Real Estate Development Co's IPO

12:57 AM EST, 01/01/2026 (MT Newswires) -- Saudi Arabia's Capital Market Authority cleared the registration of new shares and an initial public offering by AlDyar AlArabia Real Estate Development Co, according to a Wednesday release. The approval covers the real estate and construction company's offering of 97.5 million shares, or 30% of its share capital, and is valid for six months.