Gold’s Gym Saudi Arabia jumps into the Kingdom’s IPO market  

Gold's gym branch in Jeddah
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RIYADH: A leading fitness player in the Kingdom and globally, Gold’s Gym Saudi Arabia, has appointed a financial advisor amid plans to list on Saudi Exchange’s parallel market, Nomu.

To manage and lead the initial public offering, the fitness club selected BMG Financial Group, according to a statement by BMG.

US-based Gold’s Gym has several branches across Saudi Arabia, which are all owned by Jeddah's Batterjee Holding Co.