Riyadh – Mubasher: The Saudi Fisheries Company has signed a non-binding memorandum of understanding (MoU) with the Arabian Agricultural Services Company (ARASCO) on 19 October.
The renewable deal will be effective for six months from the date of signing the MoU, according to a bourse filing on Tuesday.
Saudi Fisheries aims to consider future cooperation in manufacturing and commercial operation of the company’s feed factory for seafood, which is still under construction at Al Huraydah in the Asir region.
