Economy

Regional Domino’s Pizza operator Almar Food gets CMA approval for IPO 

Follow-ups -eshrag News:

Tue, 2022-06-07 17:20

RIYADH: Saudi fast-food chain franchise firm Alamar Foods Co., which operates Domino’s Pizza across the Middle East, North Africa, and Pakistan, has got the necessary regulatory approval to proceed with an initial public offering of a 42 percent stake.

The request to offer almost 10.6 million shares on Saudi Arabia’s stock exchange was approved by the Capital Market Authority on Tuesday, according to a statement.

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