Alkhorayef Group studies listing of subsidiary on Nomu

Alkhorayef Group's Logo

Alkhorayef Group submitted to the Capital Market Authority (CMA) the file required to list the shares of Saudi Parts Center (SPC) on the Parallel Market (Nomu), as the Saudi market currently encourages the listing of family businesses, Abdullah bin Ibrahim Alkhorayef, CEO of Alkhorayef Commercial Co. said

Alkhorayef lauded the Saudi EXIM Bank’s initiatives at the Forbes Family Business Forum, noting that EXIM Bank is a key supporter for Alkhorayef’s industries in the oil and gas sector or irrigation systems.

Alkhorayef Group owns 51% of Tadawul-listed Alkhorayef Water & Power Technologies and 100% of each of SPC, Alkhorayef Petroleum, Alkhorayef Lubricants, Alkhorayef Industries and Alkhorayef Commercial, according to the data available on Argaam.