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Saudi Arabia: Flour Mills Privatisation Yields Over $740 Million in First Phase
July 9th, 2020 - 01:00 GMT

Saudi Arabia: Flour Mills Privatisation Yields Over $740 Million in First Phase

Saudi Arabia has sold two flour mills for a total consideration of SR2.777 billion ($740.38 million) under the first phase of the kingdom's flour milling sector privatization programme. The National Center for Privatization and PPP (NCP) and the Saudi Grains Organization (SAGO) announced that the first batch of the flour milling sector privatization was completed through a full divestment of the First Milling Company and the Third Milling Company to ...
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