Thimar approves strategic plan for 2026–2030

Thimar Development Holding Co. said its board approved the company's strategic plan for 2026-2030, setting out its strategic direction and priorities for the coming years.

In a statement to Tadawul, the company said the plan aims to position Thimar as a leading investment platform for Saudi Arabia's agricultural sector.

The strategy focuses on building an integrated ecosystem for agricultural trading that enhances the efficiency and transparency of agricultural and food trade, facilitates financing, and supports the Kingdom's food security and Vision 2030 goals.

The plan is built around four strategic pillars: revitalizing the company's role in agricultural trade and marketing, investing in the Kingdom's digital agricultural marketplace, expanding support services, and enabling financing solutions for the sector.

Thimar said implementing the strategy will require restructuring its operating model and strengthening its management and workforce to support the next phase of growth.

The company added that it will complete the requirements for its planned capital increase, continue legal proceedings, finalize its financial restructuring plan, and complete the restructuring process in line with applicable regulations and required approvals.

Thimar reaffirmed its commitment to the highest standards of corporate governance and disclosure, adding that the strategy forms part of an integrated ecosystem aimed at supporting the agricultural sector, strengthening food security, and advancing the objectives of Saudi Vision 2030.

For the company’s general strategic direction summary, see the attached link below:

strategic direction summary