Saudi Exchange and SALIC Sign MoU to Advance Sustainability Initiatives

Riyadh, 20 February 2024: In line with a desire to foster an increase in sustainable practices across the financial and agricultural sectors in the Kingdom, Saudi Exchange and the Saudi Agricultural and Livestock Investment Company (SALIC) have today signed a Memorandum of Understanding (MoU) at the Saudi Capital Market Forum 2024. This strategic partnership signifies a shared commitment to environmental stewardship and advancing sustainability initiatives throughout the Kingdom. 

The MoU encompasses a collaborative approach to align strategic initiatives, share knowledge through educational programs, and enhance transparency in sustainability efforts. Both parties will engage in regular communications and joint marketing endeavors to promote the importance of sustainable development and its integration into business operations. 

This partnership is a pivotal step towards achieving Saudi Exchange and SALIC’s sustainability goals, whilst contributing to the broader vision of a greener economy as part of the Saudi Green Initiative. 

Further details on the partnership's initiatives and outcomes will be shared as the collaboration progresses.