NADEC consortium submits bid for privatized Saudi flour mill

DUBAI: Saudi Arabia’s National Agricultural Development Company (NADEC) is part of a consortium that has bid for a privatized flour mill in the Kingdom.
It has teamed up with OLAM International Limited, Al Rajhi International for Investment and Abdulaziz Alajlan & Sons Company for Commercial and Real Estate Investment, to bid for one of two mills being privatized, the company said in a stock exchange filing.
The two mills are being offered for privatization by the Saudi Grains Organization.