An Agreement for Producing and Exporting of 100,000 of Palm Trees

 An Agreement for Producing and Exporting of 100,000 of Palm Trees

The Al Rajhi Saudi Group, the owner of the Colone Bio-tech tissue culture plants, has signed an agreement for producing and exporting of 100,000 of palm trees to the Jasmine company for Import and Export (Egypt) and which will be delivered in batches during the period 2019 – 2020. The agreement was signed in the Al Rajhi International for Investment "RAII" head office in Riyadh as the RAII Group company owning the majority of the shares and was represented by Eng. Moaar Mohamad Khair whilst the Jasmine company was represented by Mr. Izzat Mohammad Ali the company GM. The agreement fits within the "RAII" vision to active contribution in achieving the food security.