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Riyadh Development Company announces the latest developments regarding the signing of a memorandum of understanding with the Saudi Agricultural and Livestock Investment Company (SALIC).
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tadawul
Element List Explanation
Introduction With reference to the announcement made by Riyadh Development Company regarding the signing of a non-binding Memorandum of Understanding on Tuesday, 18 February 2025G, corresponding to 19 Sha’ban 1446H, with the Saudi Agricultural and Livestock Investment Company (SALIC).
Previous Announcement Announcement of Riyadh Development Company regarding the signing of a Memorandum of Understanding with the Saudi Agricultural and Livestock Investment Company (SALIC).
Date of Previous Announcement on Saudi Exchange’s Website 2025-02-19 Corresponding to 1446-08-20
Hyperlink to the Previous Announcement on the Saudi Exchange Website Click Here
Latest Developments Of The Announced Event Riyadh Development Company announces that it will not renew the memorandum of understanding signed with the Saudi Agricultural and Livestock Investment Company (SALIC), which expires on 17-02-2026 AD without reaching a final binding agreement between the two parties.
The Company appreciates the cooperation extended by SALIC during the term of the Memorandum and confirms that it will continue to assess opportunities for the development of fresh markets and fresh produce businesses in support of its strategic objectives, with the possibility of exploring future cooperation opportunities should suitable conditions arise
The costs associated with the event, and if they have changed or not with indication of the reasons. None
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