Logo of Rawasi Albina Investment Co.
Rawasi Albina Investment Co. signed today, July 17, a non-binding Memorandum of Understanding (MoU) with ZONOCO International Co.
The MOU aims to obtain a distribution agency within Saudi Arabia for the company’s products of battery equipment for telecommunications towers.
ZONOCO International delegates Rawasi Albina to carry out sales activities on its behalf throughout the Kingdom, the company added in a statement to Tadawul.
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The one-year MoU is automatically renewable, and no related parties are involved, the statement added.
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