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Almarai eyes stake hike in PepsiCo JV (Saudi Gazette - 28/02/2012)

Saudi Arabia’s Almarai is in talks with PepsiCo Inc to increase its stake in a joint venture formed with the US soft drink giant in 2009, the Gulf dairy firm said Tuesday. Almarai, the Gulf’s biggest dairy firm by market value, currently holds 48 percent

Almarai to issue sukuk (Saudi Gazette - 20/02/2012)

Almarai Co, the Gulf’s biggest dairy firm by market value, plans to start a road show this week to issue a riyal denominated Sukuk, or Islamic bond, the firm said in a bourse statement Saturday. "Subject to market conditions, Almarai will hold several

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