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Al-Tasneef completes Al-Rawad sale
The National Manufacturing Company announced the completion of the sale of its entire shares in Al Ruwad Industrial Transformation Company to the Saudi Industrial Investment Company "Transform Holding," for approximately 684 million Riyals. The deal was finalized on August 31, 2026, after all regulatory conditions and necessary approvals were satisfied. This transaction is part of the company's plan to reorganize its investment portfolio, aiming to strengthen its financial position, enhance capital allocation efficiency, reduce debt and financing costs, thereby supporting the improvement of the group's operational and economic structure.
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