Tabuk Agricultural signs MoU with Support Warehouses ‎

Tabuk Agricultural Development Company announces that it has signed a non-binding memorandum of understanding with the Support Warehouses Company Limited on 19/05/1444 AH corresponding to 13/12/2022 AD, for a period of 60 days from the date of signing, subject to extension, with the aim of the desire of both parties to enter into a partnership in providing catering services to companies Operating in the restaurants, hotels, cafes and catering sector, in addition to starting the transformation in providing services electronically and expanding the import and distribution process.

The MoU duration is 60 days from the date of signing and can be extended.

Related Parties:

Mohamed Abdullah Ibrahim Bin Dayel, is a board member in Food Horizons Company, a closed shareholding company – a subsidiary company – and a partner in Rawaj Al-Awwal Holding Company, Commercial Register 1010332714, partner in the Support Warehouses Company Limited, as well as Nawaf Abdullah Ibrahim Bin Dayel a brother of Muhammad Abdullah Ibrahim Bin Dayel and partner In Naad International Investment Company, Commercial Registration No. 1010897400, partner in the Support Warehouses Company

Financial Impact:

There is no financial impact on the financial statements currently, and any developments or developments will be announced in due time