2 Hrs
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الخليج
Biladco to acquire 50% of AG Group
As part of its expansion and development plan, Baladco's Board of Directors approved the acquisition of a 50% stake in AG Group, a company specializing in the trading, manufacturing, and distribution of agricultural and food products, with the aim of strengthening its capabilities in food security and agricultural innovation in Abu Dhabi. Additionally, the company signed a Memorandum of Understanding with Assas for Smart Building Solutions to establish a factory in Abu Dhabi utilizing 3D construction technologies. It also formed a strategic partnership with the Abu Dhabi Agriculture and Food Safety Authority to support projects related to food security.
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