Al-Jouf Agricultural seals partnership deal with Korea’s EGG

Logo of Al-Jouf Agricultural Development Co.

Al-Jouf Agricultural Development Co. signed today, March 11, a partnership deal with South Korea-based E Green Global (EGG) to produce high-quality potato seeds using advanced global technologies.

 

In a Tadawul filing, Al-Jouf Agricultural said it will set up a high-tech laboratory at its Busaita-based Al-Jouf Agricultural Development Complex to produce potato seeds.

 

For more news on listed companies

 

The company will also invest SAR 15 million in the Korean firm through convertible bonds.

 

Local production is expected to begin in Q2 2026, Al-Jouf Agricultural stated, adding that the related financial impact will be announced later.

 

On Jan. 22, 2024, Al-Jouf Agricultural signed a memorandum of understanding (MoU) with EGG to transfer the technology of potato seed production to Saudi Arabia, according to Argaam’s data.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Related News

Al-Jouf Agricultural extends MoU on potato seed production
Al-Jouf Agricultural extends MoU with Korea’s EGG for 6 months
Al-Jouf Agricultural signs MoU with Korea’s EGG on potato seed production

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2025, Argaam Investment, All Rights Reserved
Call Request