Saudi Arabia’s SALIC transfers National Grain Co to Sabil
Saudi Arabia’s SALIC acquired the remaining 50% stake in National Grain Co and transferred ownership to National Grain Supply Company Sabil, the state news agency said.
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what happened
Reuters, citing the state news agency, reports that Saudi Arabia’s SALIC transferred ownership of National Grain Company to National Grain Supply Company Sabil.
The transfer followed SALIC’s acquisition of the remaining 50% stake in National Grain Company. The announcement was dated October 12, 2026.
why it matters
The transaction consolidates ownership of a company linked to Saudi Arabia’s grain-supply sector and is relevant to investors monitoring the country’s food and agricultural businesses.
instruments
sources
- Saudi Arabia's SALIC transfers ownership of National Grain Co to Sabil after acquiring remaining 50% stake — Reuters, 12 October 2026 at 09:00 UTC
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