The agency is seeking ten consignments of hard wheat with a minimum protein content of 12.5%
This deal underscores Saudi firms’ surge in cross-border M&A, with BinDawood joining peers like Savola in UAE expansions.
The event marked the start of construction on the major project, a strategic move to boost local production and enhance national food security.
The company attributed the improvement to a sustained lift in consumer flour sales, where revenue grew 4.4%.
With global production forecasts remaining strong across several key exporters, international wheat values have softened, creating favorable conditions for major buyers such as Saudi Arabia.