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News: Saudi Arabia
Saudi Arabia: CONSUMERS BOYCOTT DAIRY PRODUCE
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Saudi Arabia: SADAFCO PLAN $7.2m DEPOT IN MECCA
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Saudi Arabia: ALMARAI PROFIT DOWN 21%
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Denmark: ARLA INVEST €15m IN SAUDI ARABIA
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Saudi Arabia: SADAFCO APPOINT NEW CEO
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Saudi Arabia: SADAFCO START SHARE BUYBACKS
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Saudi Arabia: ALMARAI INCREASE SOLAR POWER
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Saudi Arabia: SADAFCO TAKE A TUMBLE
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Saudi Arabia: SADAFCO’s 2020-21 SALES UP 2.4%
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Saudi Arabia: ALMARAI CEO QUITS
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Saudi Arabia: SADAFCO REPORT PROFITS UP 22%
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Saudi Arabia: ALMARAI FIRST-QUARTER BEATS FORECASTS
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Saudi Arabia: ALMARAI SECURE €100m LOAN
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Saudi Arabia: ALMARAI PROFITS SLIDE, BOARD RESHUFFLED
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Saudi Arabia: ALMARAI BUY PREMIER FOODS FOR $29m
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Saudi Arabia: ALMARAI ANNOUNCE US$1.9bn INVESTMENT PLAN
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Saudi Arabia: ALMARAI PREPARE FOR DOLLAR BOND ISSUE
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Saudi Arabia: ANOTHER BIG FACILITY FOR ALMARAI
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Saudi Arabia: ALMARAI ANNOUNCE $2.8bn INVESTMENT
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Saudi Arabia: NADEC AQUIRE AL SAFI DANONE
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Saudi Arabia: DANONE SA AND NADC IN MERGER TALKS
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Saudi Arabia: SAVOLA SELL ALMARAI STAKE
Saudi Arabian food maker Savola Group, the country’s largest food products company, are selling a 2% stake in Almarai, the Gulf’s largest dairy company for 1.12bn riyals (US$307.6m). The sale was conducted through an accelerated bookbuilding process, which will cut Savola’s stake in Almarai to 34.52%. Saudi retailers have been struggling due to lower consumer spending as the kingdom’s economy has felt the fallout from reduced government spending linked to smaller oil revenues.
Saudi Arabia: DEBT-FREE SADAFCO POST SOARING PROFITS
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Saudi Arabia: ALMARAI Q2 BOOSTED BY RAMADAN
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Saudi Arabia: ALMARAI TRIM INVESTMENT GOALS
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Saudi Arabia/UAE: ALMARAI SEEK TO BUY INTO NFP
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Saudi Arabia: AL AMOUDI OPEN $10,000 BUTTER PACKING PLANT
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Saudi Arabia: CONTROVERSY OVER ALMARAI’S US LAND HOLDING
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Ireland/Saudi Arabia: ORNUA OPEN CHEESE FACTORY
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