Search Site

Lulu Retail Q3 profit $35m

For the nine-month period, net profit increased by 73.3%.

Talabat IPO offer price range announced

The subscription will close on 27 Nov for UAE retail investors.

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

Avia to buy 40 Boeing aircraft

The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.

Emirates half-year profit $2.5bn

The record profit is subject to new 9% corporate tax for the first time.

JADCO, EGG ink MoU on development of agriculture in Saudi Arabia

The MoU establishes a framework for both parties to enhance various areas of mutual cooperation. (Wikimedia)
  • The agreement involves the transfer and localization of potato seed production techniques in the Kingdom.
  • The aim of the collaboration is to support the transformation of local companies into industrial agricultural entities.

RIYADH, SAUDI ARABIA – The Ministry of Environment, Water and Agriculture witnessed the signing of a memorandum of understanding (MoU) between Al Jouf Agricultural Development Company (JADCO) and E Green Global (EGG) of the Republic of Korea.

The agreement involves the transfer and localization of potato seed production techniques in the Kingdom.

The Saudi-Korean MoU sets the stage for the development of this industry, contributing to the sustainability of the local agricultural sector in the Kingdom.

The ministry’s Deputy Minister for Agriculture Eng. Ahmed Saleh Aiadh attended the signing ceremony.

The purpose of the collaboration is to support the transformation of local companies into industrial agricultural entities and enable them to export their products to international markets.

The initiative aims to enhance the sustainability of the agricultural sector, ensuring food security for strategic commodities and improving the trade balance.

The MoU establishes a framework for both parties to enhance various areas of mutual cooperation and exchange expertise to achieve the outlined objectives.