Reviva shares jump 10.01% intraday following CEO appointment of Nasser Al-Mutairi with three-decade industry expertise.

Reviva surged 10.01% intraday following the announcement of Nasser Al-Mutairi as its new CEO. Al-Mutairi’s three decades of industry experience and focus on aligning the company’s initiatives with Saudi Arabia’s sustainability goals were highlighted as key factors driving investor optimism. The leadership change signals strategic clarity and potential operational improvements, aligning with the stock’s sharp intraday rally.