On May 3, 2026, The National Agricultural Development Company (NADEC) announced the signing of a Share Purchase Agreement to acquire Anaam Saudi for Trading Company's entire 49% stake (2,450 shares) in Al Raie National Livestock Company for SAR 23,687,496. Upon completion, NADEC's ownership in the joint venture, which specializes in intensive livestock farming, sheep and goat breeding, and meat production, will increase to 100%. The transaction, financed through internal resources and entered into on April 2, 2026, aims to enhance governance efficiency and align with NADEC's strategic objectives supporting food security and Saudi Vision 2030, subject to Agricultural Development Fund approval and other regulatory clearances.

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