The approval of the Capital Market Authority on the initial public offering of Riyadh Cables Group marks the commencement of a new phase in the company’s growth journey, which has been full of achievements and success. The steady expansion in our business and financial performance, the extensive operational experience and our vast production capabilities are the key enablers to achieving the leading position in the manufacturing, marketing and selling of cables and wires of all types in the Kingdom and across the Globe.
As we embark on a new phase of the company’s history, Riyadh Cables Group is excited about starting a new and promising horizon as a public company that is listed on the Saudi Stock Exchange “Tadawul”. While welcoming new shareholders, we will remain entirely committed to working with them to shape and support the company’s expansion, realizing growth aspiration and continuing an active role in the growth of Saudi Arabia’s economy.
Khalid Abdulrahman Al-Gwaiz