SAUDI INDUSTRIAL EXP

4140
End-of-day quote. End-of-day quote  - 06/30
34.65SAR -2.53%

Saudi Industrial Exports Announces the Signing of A Memorandum of Understanding with Science Technology for Development and Industrial Investment Company, S&K Aerospace Middle East Branch, and Rekaz National Capital

03/09/2022 | 11:59pm
Saudi Industrial Exports Company announced to shareholders the signing of a memorandum of understanding with Science Technology for Development and Industrial Investment Company, S&K Aerospace Middle East Branch and Rekaz National Capital to provide services and management of supply chains and logistics to the military and defense industries. This strategic alliance is also led by National Finance Fund for Supply Chain Management and Logistics for the Military and Defense Industries, licensed by the Financial Market Authority and managed by Rekaz National Capital, the financial company most interested in the military and defense industries sector, where it aims to settle in the supply chains and logistics sector of the military and defense industries as well as to create larger and many manufacturing opportunities through Rekaz National Capital for supply chain and entry into the spare parts sector and consumption of defense systems used locally and regionally.
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