Riyadh – Mubasher: Saudi Industrial Exports Company (SIEC) has signed on Tuesday an agreement with Gulf Restaurants & Parks Company to market its own trademarks for an open period outside the Kingdom.
The financial impact will be announced at a later time, and there were no parties related to the agreement, the company said in a statement to the Saudi Stock Exchange (Tadawul) on Wednesday.
Last month, SIEC signed a memorandum of understanding (MoU) with Wafrah for Industry and Development Co to export its products and to represent it abroad.
SIEC’s stock last traded up 0.78% to SAR 32.10 by 02:23 pm Saudi time.