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Thimar board approves strategic plan for 2026-2030

Thimar board approves strategic plan for 2026-2030
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Riyadh — Mubasher: Thimar Development Holding Company announced that its board of directors officially approved the company’s strategic plan for the 2026-2030 period, according to a bourse filing.

The new roadmap aims to position the firm as a primary investment umbrella for the Saudi agricultural sector, aligning its operational goals with the food security objectives of Saudi Vision 2030.

The strategy is built upon four primary pillars, namely revitalizing the company's role in agricultural trade and marketing, investing in the domestic digital agricultural market, expanding into support services, and enabling specialized financial solutions for the sector.

To facilitate this transition, Thimar is restructuring its operating model and appointing new leadership to oversee the upcoming phase.

Execution of the 2026-2030 plan remains contingent on several corporate milestones, including the completion of capital increase requirements and the finalization of the financial reorganization plan.

Thimar also confirmed it will continue to pursue outstanding legal cases and adhere to regulatory approvals as it exits its current reorganization phase.

The company intends to improve supply chain efficiency through investments in cold storage, transport, and quality control laboratories to reduce waste across the Kingdom’s food supply.