SALIC transfers ownership of National Grain Co. to SABIL, strengthening the Kingdom’s feed system
RIYADH: The Saudi Agricultural and Livestock Investment Co. is transferring the ownership of the National Grain Co. to its subsidiary, the National Grain Supply Co., known as SABIL. The transfer followed SALIC, a company owned by the Public Investment Fund, acquiring the remaining 50 percent stake in the National Grain Co. to take full ownership. The move aims to strengthen integration across SALIC’s domestic investments and improve the resilience of Saudi Arabia’s grain supply chains. The Minis
Source: Arab News