The National Agricultural Development Company (NADEC) announced the signing of a memorandum of understanding with the Saudi Investment Recycling Company (SIRC) on January 30, 2023, for the purpose of recycling biowaste to contribute to protecting the environment. The Saudi Investment Recycling Company (SIRC). The memorandum of understanding establishes a general framework for the two parties' joint cooperation, as follows: Both parties' intention to study the recycling of biological waste in order to contribute to environmental protection.

the MOU aims to recycle approximately 400,000 tons of biological waste per annum and process it into organic fertilizer. The two parties agreed to combine their efforts and social responsibility to the environment in a manner that is in line with their shared interests. Memorandum Duration: One year from the date of signing the memorandum of understanding.