27 firms list shares on Nomu, 3 move to TASI: Kafalah

Homam Hashem, CEO of Small and Medium Enterprises Loan Guarantee Program (Kafalah)

The Small and Medium Enterprises Loan Guarantee Program (Kafalah) supported almost 27 medium-sized companies to list shares on the Nomu-Parallel Market, CEO Homam Hashem told CNBC Arabia.

 

Three of these companies have transitioned to the Main Market (TASI).

 

Since its launch in 2006 until Q2 2024, Kafalah has provided more than 63,000 loan guarantees for over 22,000 SMEs with a total financing of over SAR 99 billion. The total value of guarantees reached SAR 70.5 billion, according to Argaam data.

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