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Al Majed For Oud IPO $188 Million

January 20, 2025
in Agarwood
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https://thesaudiboom.com/saudi-arabias-perfume-maker-al-majed-for-ouds-188-million-ipo-sells-out-in-hours/
Saudi Arabia’s well-known fragrance maker, Al Majed For Oud, had its IPO offered out inside hours, with extra orders obtained than shares obtainable. The corporate, which has greater than 300 shops in Saudi Arabia, is promoting a 30% stake, aiming to lift as much as $188 million within the course of. Oud and perfumes are large enterprise in Saudi Arabia, and different properly know firms comparable to Arabian Oud may look to listing on the Saudi inventory market within the close to future.

#saudi #saudiarabia #saudinews #saudiarabianews #saudi_news #saudi_arabia #TravelTrends #shorts #ytshorts #viralshorts #trendingshorts #youtubeshorts #AlMajedForOud #IPO #SaudiStockMarket #PerfumeIndustry #SaudiBusiness #Oud #SaudiIPO #FragranceMarket #SaudiPerfume #InvestInSaudi #OudBusiness #StockMarket #MiddleEastFragrance #AlMajedIPO #SaudiInvestments

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Tags: agarwoodagarwood businessagarwood business profitagarwood incenseagarwood marketagarwood market sizeagarwood newsagarwood world market priceIPOis agarwood a good investmentis agarwood expensiveis agarwood illegalis oud agarwoodMajedMillionOudoud marketoud market dubaioud wood marketwhat is the difference between agarwood and oud
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