18 Hrs
Source:
الاقتصادية
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Source: الاقتصادية
18 Hrsالاقتصادية
Source: الاقتصادية
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The National Agricultural Development Company (NADEC) plans to invest SAR 5 billion in capital expenditure between 2027 and 2031 as part of a five-year plan to expand its food, protein and agriculture businesses, develop products, and improve production and distribution efficiency. The plan focuses on making the most of existing assets and capabilities while strengthening domestic production and food security, with its financial impact expected to emerge gradually from 2027. Revenue from the protein segment grew 100.2% in the third quarter of 2026 and 69.1% in the first nine months of the year. The company aims to launch branded packaged red meat in retail outlets by year-end.
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