Jood Eskan IPO hits SAR 1 bln

Logo of Jood Eskan IPO

Jood Eskan’s initial public offering (IPO) campaign achieved on April 6 (14th of Ramadan) the target amount of SAR 1 billion, to provide 3,500 homes for families in need.

King Salman bin Abdulaziz, and Crown Prince Mohammed bin Salman, provided generous support for the campaign, at a value of SAR 150 million.

It is noteworthy that the campaign was launched on the 1st of Ramadan, with the participation of a large number of businessmen, companies, citizens and residents.