Dubai: On Oct 31, Saudi Arabia’s market regulator announced that it had approved a concurrent and dual listing of KFC and Pizza Hut, in the kingdom and the United Arab Emirates (UAE). Americana has approval to sell 30% of its shares, which will be the first to trade in both the UAE and Saudi Arabia. The Capital Market Authority said that the approval was for a dual registration in the two countries and an offering of 2.53 billion shares.
