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Company News, Business

‘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.

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Aldar nets $953m in sales at Fahid

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Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Nadec appoints new CEO

Nadec, founded in 1981, is headquartered in Riyadh. Twitter
By TRENDS Desk
February 28, 2022 11:47 pm
  • Hadsbjerg resigned for "personal reasons", and also left the company's board, according to a bourse statement
  • The National Agricultural Development Company is one of the biggest agricultural and food-processing share stock companies in the MENA region

The National Agricultural Development Co., better known as Nadec, appointed Solaiman Abdulaziz Altwaijri as CEO following the resignation of Steen Hadsbjerg.

Hadsbjerg resigned for “personal reasons”, and also left the company’s board, according to a bourse statement.

Altwaijri has been a member of the current Board since Nov. 1 and has held various leading positions, the last of which was CEO of Saudi Arabian Amiantit Co.

The National Agricultural Development Company is one of the biggest agricultural and food-processing share stock companies in the Middle East and North Africa.

It was founded in 1981 and is headquartered in Riyadh.

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