INSEAD Day 4 - 728x90

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High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

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.