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nadec

NADEC, Del Monte Sign New Memorandum

NADEC (National Agricultural Development Company), one of the Middle East and North Africa’s largest agricultural and food-processing share stock companies, signed a Memorandum of Understanding (MoU) with Del Monte Saudi Arabia Factory Company Ltd. This strategic joint venture aims to specialize in fresh products like fruits, vegetables, and potato processing…

Nadec Agrees to Increase Capital
Nadec

Nadec Agrees to Increase Capital

National Agricultural Development Strategy (Nadec) has announced the outcome of special general assembly meeting. The meeting was held a 6:30 on November 5 using modern means of technology. It agreed to increase the company’s capital. The meeting’s unanimous decision was to boost the capital by SAR 2 billion through a…