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Savola ranked No. 1 among Arab companies by Forbes
(Saudi Gazette - 21/05/2013) Savola Group has been ranked No. 1 among the Top 500 companies (Food Industry sector) in 2012 across Arab world. This achievement has been awarded in a special glittering ceremony last week in Abu Dhabi organized by Forbes magazine under the aegis of ...
SADAFCO Announces Distribution of Dividends
(Tadawul - 19/05/2013) The Board of Directors of SADAFCO approved a dividend distribution proposal to the Annual General Assembly for the financial year ended 31/03/2013 amounting to SAR 97.5 million, at 3 Riyals per share which represents 30% of the capital. Eligibility will ...
The Company Announced Its Audited Consolidated Financial Results
(Tadawul - 19/05/2013) The Company announced its audited consolidated financial results for the year ended 31.03.2013. 1) Net profit for the year is SAR 164.72million, compared to the same period last year profits of SAR 152.28 million an increase of 8%. 2) The earnings per ...
UPDATE 1-Saudi dairy firm Almarai eyes $500 mln sukuk sale - CFO
(Reuters - 09/05/2013) Saudi Arabian dairy producer Almarai Co plans to raise at least $500 million from the sale of a debut international Islamic bond to help to finance ambitious growth plans, a senior executive said on Wednesday. The company, which is the Gulf's largest ...
Saudi dairy firm Almarai eyes $500 million Sukuk sale
(CPI Financial - 08/05/2013) Saudi Arabian dairy producer Almarai Co is planning to raise at least $500 million from the sale of its debut international Islamic bond, or Sukuk, the company's chief financial officer said on Wednesday. "We are considering it and we are studying it. In ...
Al Meera opens its new store in Nuaija
(Press Release - 07/05/2013) Underscoring the importance that Al Meera is to serve all communities in Qatar, Dr. Mohammed Al Qahtani, Al Meera’s Deputy Chief Executive Officer officially announced the inauguration of Al Meera’s new Store in Nuaija as of May 2nd. Al Meera - Naujia ...
Dairy and foodstuff firm boosts output capacity
(Arab News - 06/05/2013) A leading Saudi manufacturer of dairy and foodstuff items has announced the completion of the re-opening of its production facility in Dammam. A top executive at Saudia Dairy and Foodstuff Company (SADAFCO) said the new unit would boost its production ...
eXtra opens first store in Qunfuda
(Saudi Gazette - 05/05/2013) United Electronics Company (eXtra), Saudi Arabia’s fastest-growing consumer electronics and home appliance retailer, announced on Saturday the opening of its first store in Qunfuda City and the 30th in the Kingdom. Occupying 1,200 square meters, the ...
“Widam Food” Announces Financial Results for First Quarter
(Press Release - 30/04/2013) Widam Food, Qatar’s premium meat provider, announced today its financial results for the first quarter of the year 2013 with sales increasing by 19.5% with net profits reaching QAR 20,699,892 compared with QAR 20,337,356 for the same quarter last year. ...
The AGM of Zad Holding Approves the Distribution Of 40% Cash Dividend
(Press Release - 30/04/2013) Zad Holding Company announces the results of the Ordinary General Assembly Meetings held on Monday April 29th 2013 at 06:30pm in Sharq Village & Spa. The AGM discussed the meeting agenda and passed the following resolutions: 1- The AGM discussed and ... |
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