The impact of Nomu - Parallel Market on the Saudi stock markets

Friday 30 August 2024 09:18am

From the Arabictrader's seminars in the financial markets

The Nomu - Parallel Market is a trading platform within the Saudi stock market designed to facilitate the listing of small and medium-sized enterprises (SMEs) and emerging companies. It serves as an alternative to the main market (Tadawul), offering a more flexible regulatory environment and fewer listing requirements. Nomu aims to provide growth opportunities for companies that might not yet meet the criteria for the main market while allowing investors to access a diverse range of innovative and developing businesses. This market is part of Saudi Arabia's broader strategy to support economic diversification and foster a more vibrant capital market.

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