Chairman of "Arabian Oud": We intend to offer the company's shares for subscription in 2025

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Riyadh - Mubasher: The CEO of Arabian Oud Company, Omar Al-Jasser, said that the company intends to offer its shares for subscription during the current year.

Omar Al-Jasser told Al-Eqtisadiah today, Friday, that two entities have been appointed to manage the offering: Al-Ahli Capital as a local advisor and Emirates NBD Capital as an external advisor.

The CEO of Arabian Oud explained that the perfume market in the Kingdom is valued at more than 8 billion riyals, of which we own about 11%.

Al-Jasser confirmed that the company plans to grow through acquisitions and entering new markets.

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