RIYADH: National Environmental Recycling Co. will start trading on Saudi Arabia’s parallel market Nomu on, May 26, according to a statement by the Saudi Exchange.
The company, known as Tadweeer, has set its price guidance for direct listing at SR65 ($17.3) per share.
Established in 2015, Tadweeer is specialized in recycling electronics and electrical waste in support of the Saudi Green Initiative.