Saudi Arabia

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

Privately-owned Saudi Arabia-based beverage giant Aujan has announced year-on-year (y-o-y) revenue growth of 24% in 2008. The company, the largest beverage group in the Gulf Co-operation... 2009-03-24

Hot on the heels of the high profile Gulfood trade show in Dubai, Al Rabie Saudi Foods has announced plans to invest US$50mn to stretch its production volume to 500mn litres per annum.... 2009-02-25

Al Islami Foods, a leading Halal food producer in the Gulf Region, has entered the Saudi Arabian market after reaching a strategic distribution agreement with Arabian Trading Supplies,... 2008-12-19

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... 2008-11-12

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... 2008-10-28

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... 2008-10-06