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Tadco Wins SAR8 Million Spring Onion Crop Sale Contract in Saudi Arabia

MT Newswires·09/15/2026 01:58:57
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01:58 AM EDT, 09/15/2026 (MT Newswires) -- Tabuk Agricultural Development Co. (SASE:6040), d/b/a Tadco, secured an 8 million-Saudi-riyal contract to sell spring onion crop from one of its farms in Tabuk, Saudi Arabia, to Saad Ashwi Al-Sharari Contracting Establishment. The agricultural products company said Tuesday that the buyer will bear the harvesting, packing, transportation, and labor costs, with final settlement to take place after weighing and payment. The contract will run for 30 days starting from the receipt of the cash security deposit and transfer of the harvesting site.