On July 7, 2026, Altharwah Albashariyyah Co. (Tharwah) announced the signing of a Memorandum of Understanding (MoU) with Sadu Business Solutions Company to establish a preliminary framework for cooperation across consulting, technology solutions, training, human resources solutions, and exhibitions and events management. The MoU aims to explore joint projects, define an operating model for partnership, and identify opportunities for alliances in major initiatives of mutual interest. The agreement carries a duration of 24 Gregorian months from the signing date and is renewable upon written consent of both parties. No direct financial obligations arise for either party at this stage, and any future financial impact will be disclosed upon the execution of binding agreements.

Original announcement:

Note: The original announcement does not explicitly specify a currency unit. Figures above are reproduced as-is. Please refer to the original announcement for details.

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.