Saudi Industrial Export Co. (SIECO) on Monday signed a one-year contract with Wafrah for Industry & Development Co. to export, sell, and distribute Wafrah’s products in Iraq, Jordan, and North Africa.
Financial impact and developments of the contract will be disclosed in a timely manner, both companies said in separate statements to the Saudi bourse.
SIEC in March had signed a memorandum of understanding (MoU) with Wafrah to represent the company and distribute its products overseas, Argaam reported.
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