Logo ofSaudi Fisheries Co. (SFICO)
The extension will run for an additional two months, effective April 26, 2026. 
According to data available with Argaam, Saudi Fisheries signed an agreement on Oct. 29, 2025, with Sara National to enable the latter to acquire a controlling stake in Al-Haridah Aquaculture.
The agreement includes the transfer of contracts, licenses, and project-related assets.
Shareholders approved the transaction, valued at SAR 33.15 million out of a total project value of SAR 65 million, at the ordinary general meeting (OGM) held in December 2025.
In February 2026, the company had already extended the period for transferring the lease contract and licenses for two months starting from Feb. 26, 2026.
Logo ofSaudi Fisheries Co. (SFICO)
The extension will run for an additional two months, effective April 26, 2026.
According to data available with Argaam, Saudi Fisheries signed an agreement on Oct. 29, 2025, with Sara National to enable the latter to acquire a controlling stake in Al-Haridah Aquaculture.
The agreement includes the transfer of contracts, licenses, and project-related assets.
Shareholders approved the transaction, valued at SAR 33.15 million out of a total project value of SAR 65 million, at the ordinary general meeting (OGM) held in December 2025.
In February 2026, the company had already extended the period for transferring the lease contract and licenses for two months starting from Feb. 26, 2026.
