Tag: RI
-
Ownership Dynamics of Riyadh Cables Group Company and Market Implications
Riyadh Cables Group Company (TADAWUL:4142) has seen a significant increase in market capitalization, reaching ر.س19 billion, largely benefitting its major private shareholders. The top four shareholders hold 51% of the company, while insider ownership accounts for ر.س2.7 billion. Institutional investment remains minimal, posing potential for growth as the company gains traction among professional investors. The…
-
Seef Properties Partners with Majd Investment to Launch Mixed-Use Project in Dammam
Seef Properties and Majd Investment Company have formed a strategic alliance to develop a mixed-use project in Dammam, Saudi Arabia, valued at BD50 million. The development aims to blend residential, commercial, and entertainment spaces while adhering to high sustainability standards. This initiative marks Seef Properties’ first project in Saudi Arabia and reflects both companies’ commitment…