Naf relocates its headquarters in Ar Rass to a new location effective Dec.18
According to data available with Argaam, Naf signed an assignment and sale agreement with Foodicom to acquire usufruct rights to an industrial land plot in Ar Rass, Qassim region, and purchase the buildings on it for SAR 3.05 million, excluding fees and taxes.
Earlier in December, Naf received the approval of Ar Rass Municipality to assign the land lease contract—previously held by Foodicom, a related party—in favor of the company.
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