Saudi Arabia's commitment to meeting rising demand for oil and gas from the global markets will be a key driver in efforts to revive global economic growth, according to International Energy Agency (IEA) Executive Director Maria Van der Hoeven. Van der

Savola Group is donating SR 2 million in kind to Syria in response to Custodian of the Two Holy Mosques King Abdullah's appeal. The king has called for launching a national campaign to raise funds in support of fellow brothers and sisters in Syria due to

Profits at Agthia surged almost 60 per cent in the second quarter as costs of sales fell after the Abu Dhabi Government increased subsidies to the local food producer. Net income rose to Dh28.8 million in the quarter from Dh18.1 million in the same

Saudi food and drink manufacturer Savola Group has registered a 48 per cent rise in its second quarter net profit, a bourse statement on Saturday. The company, which owns the Middle East's biggest sugar refining business made SR341.3 million ($90.9

Saudia Dairy and Foodstuff Company (SADAFCO), a publicly listed company which has been producing high-quality dairy and foodstuff products under the Saudia Brand since 1977, has released its audited full year 2011-12 financial statements, which have

Saudi Arabian dairy and food producer Almarai Co. posted on Saturday an 8.7 percent year-on-year rise in its second quarter net profit. The Gulf's largest dairy firm made 379.5 million riyals ($101.2 million) in the three months ending June 30, compared