| Element List |
Explanation |
| Introduction |
Almujtama Alraida Medical Co. announces the signing of a non-binding memorandum of understanding with BADAYAT AL-AMAL For Trading. |
| Memorandum Signing Date |
2025-10-07 Corresponding to 1447-04-15 |
| Counterparty |
BADAYAT AL-AMAL For Trading |
| Memorandum Subject |
The two parties seek to leverage each other's capabilities to expand e-commerce, supply chains, and import pharmaceuticals, cosmetics, and medical devices, in addition to initiating a shift to electronic service provision and expanding import and distribution operations. |
| Memorandum Duration |
For a period of (18) months from the date of its signing, unless it is terminated before that by mutual written agreement between the two parties or the signing of the final agreement between the two parties. The duration of this memorandum may be extended for additional periods based on the explicit written approval of the two parties to that effect. |
| Related Parties |
None |
| Financial Impact |
There is no financial impact, and its signing does not entail any legal, regulatory, or financial obligations on either party towards the other. |
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