Saudi Arabia

Almarai, Saudi Arabia's leading dairy company, has reached an agreement to acquire full ownership of the domestic poultry producer Hail Agricultural Development Company (Hadco). Contingent... 2009-07-01

Global soft drinks giant PepsiCo is set to shift its Gulf headquarters to a new manufacturing facility in Jeddah - Saudi Arabia's second largest city. PepsiCo has invested around... 2009-06-16

Saudi Arabia-based food and drink company Halwani Brothers has put forward plans to double its annual sales growth to 10% by 2011 by investing SAR250mn (US$66.7mn) in expansions.... 2009-06-15

Saudi Arabia's second largest mass grocery retailer (MGR) Al-Othaim has put forward ambitious plans targeting both domestic and regional expansion. By 2010 the retailer plans to enter... 2009-06-10

Leading Saudi Arabian food company Saudi Dairy and Foodstuff Company (Sadafco) has announced that it expects its net income to rise by around 200% through to June 30 2009 (the first... 2009-06-09

Having sealed a groundbreaking tie-up in February 2009 to form International Dairy and Juice Limited (IDJ), PepsiCo (it owns 52% of IDJ) and Almarai have made their first acquisition... 2009-06-05

According to leading UAE-based bottled water firm Al Ain Mineral Water Company, the country's per capita bottled water consumption has reached 275 litres per annum, which is comfortably... 2009-05-14

According to UAE-based online news provider Emirates Business, popular Islamic carbonates maker Mecca Cola is set to re-launch across the Gulf region after steadily disappearing from... 2009-05-05

It is being reported that Savola Group - a leading Saudi Arabia-based company with assets across the food and mass grocery retail (MGR) segments - has increased its equity stake in... 2009-04-28

Saudi Arabia-based food and drink conglomerate Almarai has announced that its Q109 net income pushed up by 22% year-on-year (y-o-y) to SAR197.4mn (US$52.64mn). The dairy focused giant's... 2009-04-14