Riyadh — Mubasher: Saudi Fisheries Company has agreed with the purchasing party to extend the deadline for the transfer of lease contracts and regulatory licenses concerning the divestment of its 51% stake in Al Haridha Aquaculture Company.
The extension will be effective from 1 September 2026 and is scheduled to conclude on 31 October.
This development follows a series of previous disclosures regarding the transaction, which were issued on 29 October 2025, 1 March 2026, 27 April 2026, and most recently on 25 June 2026.
The company stated that the mutual agreement to prolong the administrative transfer period is necessary to finalize the requirements of the majority stake sale.
Saudi Fisheries said there are no additional costs associated with this extension at the current stage.
