20 Hrs
Source:
الاقتصادية
Saudi Arabia suggests tougher IPO rules
The Saudi Capital Market Authority proposed implementing stricter regulations for initial public offerings to enhance transparency and protect investors, amid the market slowdown in 2026 due to economic and geopolitical challenges. The new rules require investment institutions to demonstrate their financial capacity and liquidity before participating in the order book construction process, aiming to reduce risks associated with unsupported orders. This step is part of efforts to develop the financial market and improve its efficiency, with consultations currently underway to finalize and adopt the regulations.
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