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27 May

Saudi's Watani eyes main market listing

Riyadh-based long steel producer Watani Iron Steel Company (WISC), which is currently listed on the Nomu parallel market, has submitted a request to move to the main market of the Saudi Stock Exchange (Tadawul), notes Kallanish. According to a statement on Tadawul, the company’s board of directors approved the transition to the Main Market from the Nomu-Parallel Market in August 2023. The semi-integrated longs producer saw revenue decline 37.9% on…
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