Saudi Arabian dairy and food producer Almarai Co’s board has approved a SR15.7-billion ($4.2 billion), five-year investment plan that will draw on finance from bank loans and Islamic bonds, it said Tuesday. The money will replace the company’s existing
Saudi Arabian dairy and food producer Almarai's board has approved a 15.7-billion riyal ($4.2 billion), five-year investment plan that will draw on finance from bank loans and Islamic bonds, it said on Tuesday. The money will replace the company's
BROTHER International (Gulf) FZE, a leader in home and business IT peripherals that focuses on the ’Customer-First’ approach, has recently signed a strategic partnership agreement with United Electronics Company (eXtra), Saudi Arabia’s fastest-growing
United Electronics Company (eXtra), a leading consumer electronics and home appliance retailer in Saudi Arabia, will retail a range of printers and multi-function centres (MFCs) from Brother International (Gulf). The two companies recently signed a
Saudia Dairy and Foodstuff Company (Sadafco) posted a 17 percent increase in net profit of SR152.3 million for the year ended March 31, 2012, compared to SR129.9 million generated last year, the company said Saturday in a statement posted on Tadawul
United Electronics Company (eXtra), Saudi Arabia’s leading consumer electronics and home appliance retailer, has announced the opening of its first store in Yanbu, enhancing the company’s presence and bringing its nationwide network to 25 branches. The
Savola executives pose for a group photo during the company’s annual conference held recently under the theme “The Sustainable Growth”.THE Savola Group celebrated a record year by screening a documentary film highlighting the achievement of SR1 billion
The Savola Group reported a powerhouse performance resulting in operating profit of more than SR1 billion in 2011, and to mark this milestone achievement, Savola held a high profile celebratory event for over 400 attendees including board members, the
KING Abdullah Economic City (KAEC) recently announced the signing with Almarai for the purchase of 200,000 sq. meters of land at the Industrial Valley in KAEC. Abdulrahman Al-Fadley, Chief Executive Officer of Almarai, said the purchase is a key part of
SEHAI will receive nearly 100 of the 4th batch students from Almarai Company this coming academic year September 2012 at Diraiya campus, under the agreement signed recently between Abdullah bin Naser Al-Badr, Head of HR Division, Almarai; and Fahad
Al Meera Consumer Goods Company, which is fast expanding internationally, is strengthening its brand positioning in the overseas markets. The company has entered into a strategic partnership through a memorandum of understanding (MoU) with Business
United Electronics Company (eXtra), Saudi Arabia’s fastest-growing consumer electronics and home appliance retailer, announced Monday plans to open its first store in the Sultanate of Oman. The store in Muscat will be eXtra’s first outside Saudi Arabia.