Sales transfers National Grain to Sabel
Salik, one of the companies of the Public Investment Fund, announced the transfer of ownership of National Grain Company to National Grain Supplies Company "Sabel" after completing its acquisition of the remaining 50% stake. This transfer aims to enhance integration between its local investments and support the resilience of grain supply chains within the Kingdom. National Grain Company will continue to operate as an independent entity fully owned by Sabel. It is expected that this will contribute to expanding Sabel's coverage of grains and commodities, and strengthen its capacity to meet the needs of the local market, all within the framework of achieving food security goals and Saudi Arabia's Vision 2030.
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