Saudi Franchise Firms Eye Tadawul Listings, Al-Ghamdi Says

The franchise sector in Saudi Arabia has grown rapidly in recent years, driven by international brands entering the market and domestic chains scaling up. Listing on Tadawul would give these companies access to a wider investor base and a currency for acquisitions. Al-Ghamdi said the committee plans to hold workshops on listing requirements to help franchise companies prepare.

The comments suggest that the pipeline of potential listings on Tadawul could include a wave of franchise operators. The exchange has seen a steady flow of new listings this year, including several from the retail and consumer sectors. A franchise listing would add to that diversity.

Al-Ghamdi did not provide a timeline for any specific listings. The committee's next workshop is scheduled for later this quarter, he said.