The Multinational Companies Business Group (MCBG) and the National Circular Packaging Committee (NCPC), represented by the Federation of Saudi Chambers, have signed a Memorandum of Understanding (MoU) to strengthen cooperation on sustainable and circular packaging.
The MoU establishes a framework for collaboration between the two organisations, with a focus on knowledge exchange, capacity building and constructive engagement on issues shaping the future of packaging and the wider business environment.
As sustainability challenges increasingly extend across industries and value chains, the partnership recognises the importance of bringing different stakeholders and perspectives together. By facilitating the exchange of experience and expertise, the collaboration aims to support informed dialogue around circular approaches and their role in building long-term economic resilience.
For MCBG, the MoU reflects its broader role in bringing together multinational companies and stakeholders to exchange perspectives, contribute to constructive dialogue and support sustainable economic progress across the region.
The partnership will provide a platform for continued engagement between MCBG and NCPC, supporting greater understanding of sustainable packaging practices and opportunities for collaboration across the business ecosystem.