Saco's Board OKs Non-renewal of CEO's Employment Contract

02:11 AM EDT, 07/21/2026 (MT Newswires) -- Saudi Co. for Hardware (SASE:4008), d/b/a Saco, board approved the non-renewal of its Chief Executive Officer Abdel-Salam Bdeir's employment contract on Monday. Bdeir's current employment contract with the household and office supplies company will end on Oct. 31, according to a Tuesday release.