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Wafrah Lands 13M SAR Meat Manufacturing Deal

Riyadh, Saudi Arabia — Wafrah for Industry and Development Co. signed a 13 million SAR contract with Supreme Foods Processing Company Ltd. on October 23, 2026. Under the deal, Wafrah will manufacture cooked and frozen meat products as private-label goods for Supreme Foods Processing Company Ltd. for one year. The agreement is renewable upon mutual […] The post Wafrah Lands 13M SAR Meat…

We haven't written up this one. The Saudi Standard has the full story — the link below goes straight to it.

Read the original at saudistandard.com →

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Why quitting your job might be your best decision yet

Below, Lindsay Crouse shares five key insights from her new book, The Case for Quitting: The Surprising Benefits of Opting Out . Lindsay is a marathon runner and journalist who worked at The New York Times for 15 years. Her reporting helped bring maternity rights to pregnant Nike athletes. What’s the Big Idea? Quitting isn’t failure.

Arab Sea Agrees to Sell SeaPay for 35M SAR

Riyadh, Saudi Arabia — Arab Sea Information Systems Company has signed a Memorandum of Understanding with PayTabs Group (Growth Makers Company) to sell its entire 100% stake in Arab Sea Financial…

  • Arab Sea Information Systems Company and PayTabs Group signed MoU on Oct 22, 2026
  • SeaPay transferred to PayTabs for 35M SAR, deal valid 6 months or until final agreement
  • No affiliated entities involved, both sides undergo due diligence before finalizing deal

NADEC Signs 370M SAR Livestock Deal With NADA

Riyadh, Saudi Arabia — The National Agricultural Development Company (NADEC) has signed a memorandum of understanding with Al Othman Agriculture Production and Processing Company (NADA) to acquire…

  • NADEC signs MOU with NADA to acquire 370M SAR dairy livestock.
  • Deal includes three definitive agreements to be executed concurrently.
  • NADEC pays 74M SAR deposit, refundable if deal falls through.

Sumou Real Estate Plans 1M Share Buyback

Riyadh, Saudi Arabia — Sumou Real Estate Company’s board of directors recommended on October 22, 2026, that the company buy back up to 1,000,000 of its own ordinary shares to hold as treasury shares. The board cited a belief that the company’s market price sits below fair value as the primary driver of the decision.

  • Sumou Real Estate board recommends 1M share buyback on Oct 22, 2026
  • Buyback funded by company's cash reserves, no additional debt
  • Proposal covers only common shares, needs AGM approval

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