Announcement of the Launch of Al-Mazad International Holding Company
Date 2025/02/01

Announcement of the Launch of Al-Mazad International Holding Company

Morse Holding Company is pleased to announce the official launch of one of its key projects, Al-Mazad International Holding Company, through its branch located in Buraidah, Al-Qassim Region, in addition to the launch of its electronic application.

It is worth noting that Morse Holding had previously invested in Al-Mazad International Company (a closed joint-stock company), acquiring a 26% ownership stake. The company expects that the returns from this investment will positively impact its financial statements starting from the fourth quarter of 2025