by summar | Jun 5, 2024 | News
Speaking to Arab News, Abdullah Al-Timyat, CEO of Saudi Manpower Solutions Company, SMASCO, stated that the company’s capital-light model, backed by no debt and robust cash management, positions it for agile expansion. “We have zero debt and funding. We have strong...
by summar | May 27, 2024 | News
Today, Monday 27 May, 2024, is the last day for Individual investors’ subscription period. The Final Offering Price for the Offering was set at 7.5 SAR per share. It’s your opportunity to become our partner in success! Now available through Al-Rajhi Bank and...
by summar | May 27, 2024 | News
On Wednesday, May 8, Reuters reported, “Saudi Arabian staffing company SMASCO aims to raise as much as 900 million riyals ($239.99 million) in its initial public offering on Riyadh’s main bourse, it said on Wednesday” About Reuters report and the coverage that...
by summar | May 19, 2024 | News
We at SMASCO, the Saudi Company for Manpower Solutions, are pleased to announce the completion of the book building process for investing companies and the determination of the final IPO in the main Saudi market, to be SAR 7.5 per share. The coverage rate was...
by summar | May 14, 2024 | News
Press coverage, TV interviews, official trading platforms, and financial news portals are all covering the latest news about SMASCO’s IPO. The share price of SMASCO has been announced to range between 7 and 7.5 Saudi riyals. Find out the latest news about...
by summar | May 8, 2024 | Blog, Employment
In the continuous endeavor of the Ministry of Human Resources to develop the Saudi rules for expats and non-expat workers, to guarantee the rights of both employers and employees, and to ensure the validity of all employment contracts, the ministry began the third...
by summar | May 8, 2024 | Blog, Food industry
A new $133 million project for manufacturing canned tuna is expected to create 4,000 jobs for food-process workers. Saudi Arabia’s strategic vision is well underway, mentioning that the National Industry Strategy is looking forward to tripling the agricultural...
by summar | May 8, 2024 | Blog, Employment
SMASCO, the Saudi Manpower Solutions Company, is the company that possesses the largest market share in the Saudi Kingdom’s manpower industry. How far did SMASCO participate in empowering the Saudi market with an adequate, qualified, and quantified workforce,...
by summar | May 8, 2024 | News
SMASCO, the Saudi Manpower Solutions Company, is pleased to announce the date of its Initial Public Offering (IPO) for investors from Wednesday, May 8, 2024, to Tuesday, May 14, 2024. And for individuals, from Sunday, May 26, 2024, to Monday, May 27, 2024. The company...
by summar | Mar 20, 2024 | Blog
Engineering professions, sales professions, and others. The rules in Saudi Arabia for expats are going for phase ll, more updates are happening, and a bigger ratio of localization is taking place. If you still don’t have a recruiting partner to tell you, let us guide...