NADEC announces its investment program in Sudan

01/01/2016 10:50 AST

In reference to the announcement made by the agricultural development Co. (Nadec ) on 28th December 2014 regarding the accomplishment of all requirements for reserving and receiving 25,200 Hectar / 60,000 acre in Sudan - North Kordofan State in accordance with Nadec board decision to grow 3,200 Hectar as first phase of Sudan investment.

The company would like to announce to its shareholders that the company have achieved 74% of the first phase with total investment of 81.8 Million Saudi Riyals year to date and trial harvest has been made and will be shipped to the dairy farms of the company in KSA. The company expects to complete the first phase of the investment by the end of the first quarter 2016 as planned. The company will announce any progress related to the above investment.


Tadawul

News

Saudi Arabia's Nadec acquires Al Safi Danone

30/03/2018

Saudi Arabia-based Al Safi Holding, a unit of Al Faisaliah Group, has sold its shares in Al Safi Danone Company (ASD), a producer of dairy and juice products, to National Agricultural Development Co

Trade Arabia

Saudi Arabia's Nadec to buy Al Safi Danone through $143m capital increase

26/03/2018

Nadec, the Saudi food and beverage company in which the kingdom's sovereign wealth fund has a 20 per cent stake, agreed to buy rival Al Safi Danone in a deal that will be funded through a 536 million

The National

Saudi food firms NADEC, Al Safi Danone to discuss possible merger

09/10/2017

National Agricultural Development Company (NADEC) and Al Safi Danone Company (ASD) have entered into a non-binding agreement to explore a possible merger.

“The term of the MOU [Memorandum of

Arab News

Most Viewed Companies

Ticker Price Volume
SABIC 114.77 5,915,941
SAMBA 26.98 1,138,683
STC 83.41 257,644
DARALARKAN 13.47 74,648,349

Valuation

NADEC Sector Market
P/E
Price/BookValue

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
ALMARAI 54.97 0.42 (0.76%)
SAVOLA 43.99 0.97 (2.25%)
SADAFCO 115.12 0.47 (0.40%)
HB 59.94 -0.05 (-0.09%)
JADCO 29.86 0.20 (0.67%)

Recent News

SABIC-MCC joint venture starts output

05/04/2018

SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.

Saudi Gazette

S&P affirms QIB rating at A-

05/04/2018

Standard & Poor’s (S&P) has affirmed QIB’s Issuer Credit Rating at A-, Qatar’s leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB’s rating

Gulf Times

Qatar National Bank seeks growth in Southeast Asia

05/04/2018

Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told

The Peninsula

Doha Bank’s third Indian branch opens today

04/04/2018

Doha Bank has announced the official inauguration of its Chennai Branch, in the southern Indian state, will be held today. This is Doha Bank’s third city in India after its successful establishment o

The Peninsula

SHUAA to act as liquidity provider to Bank of Sharjah

04/04/2018

Bank of Sharjah said it has engaged SHUAA Capital International as liquidity providers for its shares and will commence the activity from April 4. SHUAA Capital International shall not hold more than

Gulf News

logo

Financial Information Co.

P.O. Box 69410, Riyadh 11547, Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2024, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap