Search Site

Trends banner

SIB H1 net profit $189m

The bank's total assets increased by $1.49 billion.

TSMC’s H1 revenue up 40 percent

Robust demand for AI technology behind the surge.

‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

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.