Saudi Arabia’s Al Majed for Oud Company has started taking investor orders for its initial public offering (IPO), as one of the leading companies in the kingdom’s fragrance market seeks to ...

Saudi Arabian perfume retailer Al Majed for Oud Company plans to sell a 30 per cent stake through an initial public offering (IPO) on the Saudi Exchange (Tadawul), as the appetite for listings in ...

Burning oud, or agarwood, is an old tradition practiced at almost every home in Saudi Arabia all year long; it is also used as a gift in social occasions like weddings and engagements, where it is a ...