Saudi Eksab and the Government of Grenada Sign Memorandum of Understanding

Basseterre, St. Kitts — 24 February 2026 - On the sidelines of the 50th Regular Meeting of the Conference of Heads of Government of the Caribbean Community (CARICOM), Saudi Eksab signed a Memorandum of Understanding with the Government of Grenada to explore strategic investment opportunities.

The agreement was signed by Mr. Yazeed AlYahya, Chief Executive Officer of Saudi Eksab, and the Honorable Mr. Dickon Mitchell, Prime Minister of Grenada.

The Memorandum establishes a non-exclusive and non-binding framework for cooperation to identify, explore, and discuss potential investment opportunities of mutual interest. It also provides for collaboration in economic and market research, including the collection, analysis, and exchange of relevant data and insights to support informed strategic decision-making.

The agreement marks an important step in strengthening bilateral engagement and lays the foundation for constructive, forward-looking collaboration between the two parties.

Commenting on the occasion, the Chief Executive Officer of Saudi Eksab affirmed that the Memorandum reflects the company’s commitment to building long-term strategic partnerships anchored in responsible investment and sustainable value creation. He further noted the aspiration to work closely with the Government of Grenada in alignment with development priorities and in support of inclusive growth.

This signing reflects Saudi Eksab’s growing presence in the Caribbean and reaffirms its commitment to strengthening bilateral cooperation frameworks and developing sustainable strategic partnerships with governments and local stakeholders, contributing to long-term value creation.