Crown Prince says NEOM likely to go public in 2024

26/07/2022 Argaam
Saudi Crown Prince Mohammed bin Salman

Saudi Crown Prince Mohammed bin Salman

Saudi Crown Prince Mohammed bin Salman said that NEOM will likely be publicly listed in 2024.

 

The listing is expected to increase the Saudi stock exchange size by at least SAR 1.2 trillion at the beginning, while the overall size will increase after project completion, the Crown Prince told reporters after unveiling the designs of The Line project.

 

Moreover, all Public Investment Fund (PIF) companies will be listed on the stock market, Prince Mohammed added. 

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