02:24 AM EST, 11/08/2026 (MT Newswires) -- Saudi Industrial Development Co. (SASE:2130), d/b/a SIDC, renewed its memorandum of understanding for the potential acquisition of Industrial Production Services Co. The industrial group's nonbinding agreement with Sudom Investment and Mohammed A. ALSwailm Holding Co. was extended by 90 days and will be renewed automatically, according to a Sunday release.

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