According to the Tadawul announcement dated June 30, 2025, the Capital Market Authority (CMA) has approved the registration and initial public offering of AlRamz Real Estate Company's shares. The CMA Board issued its resolution on June 30, 2025, approving the company's application to offer 12,857,143 shares, representing 30% of the company's share capital.

AlRamz Real Estate Company is a Saudi Arabia-based real estate development company that previously attempted to go public in 2022. According to market data, the company had cancelled its planned Nomu listing in 2022 after subscription to 3.3 million shares had been scheduled and priced between SAR 61-67 per share.

The company's prospectus will be published with sufficient time before the subscription period begins, containing comprehensive information including financial statements, business activities, and management details. According to the Tadawul announcement, the CMA emphasized that investors should carefully review the prospectus before making investment decisions, as subscription without thorough review may involve high risks.

The regulatory authority clarified that its approval should not be interpreted as a recommendation to subscribe to the offering, but rather confirms that the company has met legal requirements under the Capital Market Law and its implementing regulations. The approval remains valid for six months from the resolution date and will be cancelled if the offering and listing are not completed within this timeframe.