News briefing · 30 September 2026
Alpha Capital’s Alpha Aquaculture Fund completed the acquisition of a 33.7% stake in Tharawat Seas, according to a company statement published by Argaam on 30 September.
The Saudi aquaculture business operates in the Red Sea and reports annual fish production exceeding 4,000 tonnes. The investment is intended to support capacity expansion and access to local, regional and international markets.
The statement does not disclose a purchase price. Production and expansion descriptions are attributed to the announcing parties, rather than independently audited operating results for the new investment period.
Source: Argaam. Reporting date: 2026-09-30.
