Saudi Arabia
Companies
Leading Saudi Arabian dairy company Almarai has made an offer to take over local company Hail Agricultural Development (HADCO) in a share-swap deal. Almarai, which is the Gulf's largest...
2008-11-12Companies
Saudi Arabia's Savola Group has said that the current global financial crisis could have positive implications for its operations, as it has presented new acquisition opportunities...
2008-10-28Industry
Saudi Arabia's Agricultural Bank, which was established in order to support the development of the country's agricultural sector, has allocated SAR53bn (US$14.1bn) worth of loans...
2008-10-06Companies
Leading Saudi Arabian retailer Géant Saudi has announced that it has opened an outlet in Jeddah under its new 'compact hypermarket' format, as it experiments with new store concepts....
2008-10-02Companies
Saudi Arabia's Savola Group has announced its ambitions of increasing its world market share of cooking oil from 2% to 10%, as well as to double its global sugar refining production...
2008-06-18Companies
Swedish food packaging and processing solutions giant Tetra Pak has recently announced that it reached an agreement with the Middle East Paper Company (MEPCO) to recycle consumer...
2008-06-10Companies
Saudi edible oils specialist Savola Group has announced plans to lift its Egyptian sugar production by 400,000 tonnes via two separate investments in a bid to meet growing regional...
2008-05-06Industry
Food price inflation continues to dominate the headlines in Saudi Arabia, increasing the pressure on the government to take whatever actions necessary to keep prices down for consumers....
2008-04-23
