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Nadec is one of the largest foods and agricultural companies in the Middle East and North Africa. The company’s activities range from dairy, to juices, vegetables, and various foods all contributing to nourish consumers on a daily basis.
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Substantial Shareholders

NADEC is keen on having an Investor Relations page to enable them to know all the information related to NADEC, read the latest news, communicate directly with the Investor Relations team, and stay informed of all the conferences and forums that NADEC participates in during the year.
Nadec - Shares Distribution Chart

Nadec trading index

Nadec CEO words for their investors

Message from our CEO

Dear investors and shareholders,
We are fully responsible and committed to do our best in making everything right to our Investors. We are focusing on creating a new value to achieve sustainable profit growth. Nadec Success stems from our reliance in a mixture of experience, knowledge and determination. We will continue to do our best in production and operation and focus on expanding and taking a larger share in the market through our high quality and diversity of our products.
Steen F. Hadsbjerg,
CEO of Nadec

Corporate governance

Nadec has an approved corporate governance system that complies with the provisions of the Corporate Governance Regulations issued by the Capital Market Authority, which includes the rules and standards governing the management of the company in order to ensure compliance with the best practices that ensure the protection of shareholders' rights and the rights of stakeholders.

A company led by visionaries

NADEC Board of Directors consists of members of professional competence who have experience, knowledge, skill and independence to provide effective leadership to oversee the management of the company's business and its subsidiaries to achieve the goals set for it in order to grow its value in a profitable and continuous manner.

Abdulaziz Saleh Al-rebdi

Chairman of the Board of Directors
He has a broad range of practice in executive management, being the current Founder and CEO of ES Financial Investments, general manager of Lazurde Group for Industrial Investment, and previous project manager and analyst at The Saudi Industrial Development Fund. Mr. Al-Rebdi holds a bachelor's degree in industrial management from King Fahd University of Petroleum and Minerals.

Abdulateef Abdullah Al-rajhi

Deputy Chairman of the Board of Directors
Mr. Abdulateef has a boundless background in the banking field, including being chairman of the board of directors at Alrajhi Holding Group, chairman of the board of directors at Alrajhi Financial Solutions, regional manager for the eastern region at Alrajhi Bank, and manager of Mr. Alrajhi Credit Center. He earned his Master's degree in business administration from The American University of Beirut.

Bader Abdulrahman Al-sayari

Board Member and Head of Investment Committee
He has had a significant encounter, including a former CEO at Alfaisaliah Holding Company, a former CEO at Saudi Venture Capital, and current Chief Investment Officer at Sulaiman Al Rajhi Holding Company. Mr. Al-Sayari got his bachelor's degree in accounting from King Saud University.

Saleh Hasan Al-afaleq

Board Member and Head of Audit Committee
He has vast experience, including being a former chairman at Ahsa Tourism, former VP of Board and Operation, board member at Arbah Capital, board member and member of the Investment Committee at Abdar Bank, partner, and board member at Alkefah Holding Company, board member at Noor Capital – an investment bank licensed by Central Bank of UAE – and Board Member at Tamweel Aloula Company. Mr. Al-Afaleq holds a master's degree in human resource development from Seattle Pacific University and a bachelor's degree in management sciences from King Faisal University.

Omar Hamad Al-madhi

Board Member
Mr. Al-Madhi has numerous activities in executive management as he is the CEO and board member at Abdulatif Jameel Investment Company, former CEO at Volkswagen Saudi, the former assistant deputy at the General Investment Authority, a consultant at McKinsey & Company, and an engineer at Saudi Aramco Refinery Company – Saserf. He has a Master of Business Administration from the Massachusetts Institute of Technology (MIT), a Bachelor's in Chemical Engineering from the University of Pennsylvania, and a diploma in Operational Program in International Leadership from Harvard University – Harvard Kennedy School.

Amr Abdulaziz Al-jallal

Board Member of Directors and Head of the Remuneration and Nominations Committee
He is the CEO of Dr. Suliman Alhabib Investment Company. He has extensive working contact and records in management and banking. Before his current role, he was a VP of investment banking at the Saudi Fransi Capital and the head of private equity and investment banking at Jadwa Investment. Mr. Al-Jallal acquired his Master of Business Administration from Rice University and has a Bachelor's in Management Information Systems from King Fahad University of Petroleum and Minerals.

Amr Abdulaziz Al-jallal

Board Member
Mr. Al-Twaijri has varied professional-managerial involvement in pivotal roles, including head of the audit committee at Mulkiya Investment, director of the audit committee at Takween, and the CEO at Amiantit. He has a Ph.D. from Ohio, United States of America, a Master's degree from Illinois, United States of America, and a Bachelor's in Industrial Management from King Fahd University of Petroleum and Minerals in Dhahran.

Why invest in Nadec?


Expanding to take the largest share of the market is one of our most important goals by joining major food events that contribute to opening new food opportunities and support supply chains in the Kingdom.


Nadec was established in 1981 and was entered into the Saudi stock market as the first largest agricultural development company in 1993, making it an experience of more than 40 years.


Producing more than 200 dairy products, beverages and agricultural products.


The continuous development of Nadec to become the leader in "green" foods in the Kingdom of Saudi Arabia by 2030.

Excellence in quality

Nadec is committed to excellence in quality. It has several certificates and awards of thanks and praise for the quality of NADEC products.


When was the company established and registered?

Believing in the importance of the agricultural sector as one of the significant tributaries in the national economic system and in achieving food security, the wise political decision by the government of Saudi Arabia was to start the inclusive agricultural renaissance by setting up large agricultural projects and stimulating the private sector to have a fundamental and important role in this renaissance. One of the first results of this decision was the establishment of the National Company for Agricultural Development (NADEC) according to the royal decree issued on 1401 AH corresponding to 1981 CE, which decided to convert Haradh Company for Agricultural and Animal Production, and thus Nadec was established as the first and largest Saudi joint agricultural company.

What is the company’s fiscal year-end?

The fiscal year end is the 31st of December.

What is the largest segment in Nadec?

Dairy is the largest segment in Nadec.

Is Nadec a public company?

Nadec is a public company listed on the Tadawul Stock Exchange – TASI – of Riyadh, Saudi Arabia. SALIC owns 20% of the company’s shares.

Where can I find financial information about the company?

You can find financial information here.

Contact us

The National Agricultural Development Company | Nadec Al-Murabba District, South of Riyadh Palace Hotel, PO Box 2557, Riyadh 11461, Kingdom of Saudi Arabia
(+966) 11 2027756
(+966) 598343515
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