Riyadh - Muvasher: Qomel Company has signed two non-binding memoranda of understanding (MoUs) with National Unified Procurement Company (NUPCO) and UK-based Nova Laboratories Limited, and Waymade PLC, on 3 September 2025.
The 12-month agreements aim to ensure supply continuity, enhance supply-chain efficiency, give Saudi Arabia priority in registering new products, and promote knowledge exchange.
The memoranda do not create financial or contractual obligations and are not expected to have a material financial impact during their term.
On 12 June, Qomel penned two agreements with NUPCO totaling SAR 30.94 million.
