National Agricultural Development Company

The National Agricultural Development Company (NADEC) was established by Royal Decree by King Faisal bin Abdul Aziz, as the first agricultural company in the Kingdom of Saudi Arabia in the early 1980s to support agriculture, nutrition, and food security. This company leads as the first agricultural company introduced in the Saudi stock market, with 20% owned by the Government, and the rest publicly traded on the Saudi Stock Exchange. It is also one of the largest integrated dairy companies in the world.