On March 16, 2026, Al-Jouf Agricultural Development Co. announced signing a binding Memorandum of Understanding with Food Specialty International LLC (USA) on March 15, 2026. The agreement aims to establish a partnership for creating a company specialized in transferring advanced agricultural and irrigation technologies for strategic crops. The memorandum has a duration of 270 days and serves as a preliminary agreement with binding undertakings for both parties, subject to fulfillment of stipulated conditions. The financial impact cannot be determined at this time, with the company committing to announce updates as they become available.

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