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Al-Asmak Extends License Transfer Deadline
The Saudi Fisheries Company announced that it has extended the permitted period to complete the procedures for transferring a 51% stake in Al Haridah for Aquaculture to the buyer. The new period is now from September 1, 2026, to October 31, 2026, without the company incurring any additional costs. This move is part of its efforts to restructure its investment portfolio, aiming to complete the sale process in accordance with legal and regulatory requirements, following the announcement of the deal in October 2025.
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