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Almarai to focus on Saudi market (Bloomberg - 23/06/2011)

Almarai, Saudi Arabia’s largest food producer by market value, isn’t planning to expand in other countries in the Middle East this year as it strengthens domestic sales of poultry and dairy products. “We have currently no plan for geographical

Almarai to spend $1.1bn on poultry expansion (Gulf Times - 22/06/2011)

Saudi Arabia’s Almarai Co, the region’s largest dairy producer, said yesterday its board of directors approved a plan to spend 4bn Saudi riyals ($1.1bn) to expand its poultry business. “This increase in investment is part of Almarai’s long-term vision

Almarai to invest $1.1bn in poultry sector (Reuters - 21/06/2011)

Saudi Arabia's Almarai Co plans to invest 4 billion riyals ($1.1 billion) in the poultry sector, the Gulf's biggest dairy firm by market value said on Tuesday. "This proposal was approved and will see the investment in the expansion of Almarai's poultry

Zad Holding Announces Acquisition of Meeda Projects Company (QNA - 14/06/2011)

The General Assembly of the Zad Holding Company has approved the proposal of Board of directors for acquiring Meeda Projects Company. The acquisition will be by increasing the share capital through issuing 8,464,132 shares of Zad to the shareholders of

Oman Fisheries to add 16 vessels to coastal fishing fleet (Oman Daily Observer - 11/06/2011)

Oman Fisheries Company is ramping up its coastal fleeting fleet with the planned addition of 16 new boats this year in support of its fish procurement operations. The new vessels, due to be put to sea by October, will boost the company’s coastal fishing

DRC launches bottling plant project in DIP (Khaleej Times - 04/06/2011)

Dubai Refreshments Company, or DRC, the franchisee, manufacturer and distributor of Pepsi-Cola Products in Dubai and Northern Emirates, hosted a ground-breaking ceremony on Thursday, to mark the start of construction of its new state-of-the-art bottling

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