Saudi Regulator OKs Tabuk Agricultural Development's Proposed Capital Decrease

12:50 AM EDT, 07/24/2026 (MT Newswires) -- The Saudi Capital Market Authority approved Tabuk Agricultural Development Co.'s (SASE:6040) request to reduce its capital to 76.5 million Saudi riyals from 391.8 million riyals. The capital reduction is subject to approval at the Saudi agricultural company's extraordinary general assembly and other required procedures, according to a Thursday release.