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May 7, 2025

Saudi Arabia’s IPO Surge Reflects Strong Market Fundamentals

The rush of IPOs in Saudi Arabia, highlighted by United Carton Industries Company’s upcoming listing on the Tadawul, suggests robust market fundamentals. Mohnish Rikhy, CEO of United Carton, discussed strong investor appetite not only for his company but also for broader listings in the region. This enthusiasm indicates investors’ confidence in the Saudi market’s potential for growth and development. Stakeholders should watch how these listings could affect market trends and investor activity in the Middle East going forward.

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