Tomoh program has over 2,500 firms, 24 listed on Nomu: Al-Qasabi

Majid Al-Qasabi, Minister of Commerce

Minister of Commerce Majid Al-Qasabi said the Tomoh program has over 2,500 companies, 24 of which are listed on the Nomu-Parallel Market (Nomu).

The investments of such companies total SAR 2.5 billion, with a market value of more than SAR 16 billion, Al-Qasabi said in his speech at the CEOs Forum 2024 in Riyadh.

He noted that the program increased the employment rate at the beneficiary companies to 28%, with the total number of employees reaching 78,000.

Tomoh program is dedicated to supporting fast-growing establishments and improving their performance, as well as boosting the contribution of the fast-growing small and medium-sized enterprises (SMEs) to the overall GDP, according to data available with Argaam.