Almarai to invest over SAR18bn under five-year plan

Saudi Arabia’s Almarai to invest over SAR18bn under five-year plan

The strategy, which envisions investments in supply chain and tech capabilities, will be financed from the company’s operating cash flow

Savola Almarai

Saudi’s Savola to distribute 34.52% stake in Almarai to shareholders

Savola’s board has approved the rights issue and the distribution of Almarai shares


Saudi’s Almarai completes acquisition of International Dairy and Juice for $68m

The purchase was funded from Almarai’s internal cash flows

Saudi Arabia’s Almarai acquires Bakemart in UAE, Bahrain

The acquisition is fully financed from Almarai’s operating cash flow

Saudi diary company Almarai appoints new CEO

Abdullah Al Bader was the executive vice president of Almarai’s bakery business since 2015

Saudi dairy company Almarai’s CEO resigns

The company’s former CEO Georges P Schorderet has been re-appointed to the role

Saudi Almarai Q3 Profit Up 4.7%

The dairy producer’s third quarter revenue rose 27 per cent to SAR2.7 billion.