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NADEC consortium completes Second Milling Company acquisition

RIYADH: The National Agricultural Development Company, NADEC completed the acquisition of Second Milling Company in Riyadh. NADEC was part of a consortium with Olam International Group, Al Rajhi International Investment Company Ajlan & Bros Company, according to a bourse filing, All assets of the Second Milling Company were transferred to the Food Security Holding Company, a ....

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Red Sea International rise 4% on Baker Hughes deal, TASI up amid omicron fears: Market Wrap

RIYADH: The shares of Red Sea International Co.'s rose by four percent at 10:55 Riyadh after it signed a seven-year contract worth SR245.8 million ($65.5 million) with Baker Hughes to design, manufacture, supply and operate three camps in the Eastern region to support its oil drilling operations in the region, according to a bourse filing. Saudi Arabia's stock market traded ....

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