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- Saudi Aramco's Jafurah Gas Plant Begins Output with 450 Million Cubic Feet Per Day
- Bahrain Marina seals partnership deal with Batelco by Beyon
- Investcorp Capital acquires $400m industrial assets across US
- The British Embassy honors Gulf Bank for empowering people with disabilities
- Saudi flour company MC4 starts work on new production facility
- Alba celebrates major contributions of its female workforce
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- Top architect Frida Escobedo lands contract to design Qatar ministry HQ
- QSE edges lower on selling pressure in banks, consumer goods & insurance; M-cap adds QR2.13bn
- US, UAE Central Banks on track for final interest rate cut of 2025 next week
24/12/2014 01:37 AST
Asaffa Foods, one of Oman's leading poultry farms and processed foodstuff producers, plans to take up a 20 per cent stake in a new project for white meat production in the Sultanate. A decision to this effect was taken at the company's Board of Directors' meeting held on Monday.
The company said in a filing to the Capital Market Authority that the Board decided to participate with a maximum 20 per cent of the equity of RO 50 million in the new company, which is currently under formation as an SAOC entity.
Additionally, the Board also resolved to establish a Limited Liability Company with a maximum capital of RO 2 million specialising in the production of organic waste and fertiliser production based on residue obtained from the poultry farms. The project will be set up either as a partnership venture or an independent company in the proximity of its existing farms, the company added in its statement.
Oman Daily Observer
10/02/2015
Qatar's Hassad Food has acquired a minority equity interest in A'Saffa Foods.
The transaction which was announced on Monday in Muscat was concluded and signed by Nasser Al Hajri, chairman
Times of Oman
01/05/2014
A'Saffa Foods Co reported a 6.5 per cent rise in its net profit for the first quarter ended March 31, 2014, to RO1.81mn, compared with RO1.7mn in the corresponding period of the previous year.
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Muscat Daily
05/02/2012
A'saffa Foods, in its bid to become a major food producer in the region, is setting out on major expansion plans. The company is increasing its poultry production by about 24 per cent with a capital
Oman Daily Observer
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| ALPHADHABI | 9.39 | 0.03 (0.32 |
| IQCD | 12.06 | -0.03 (-0.25 |
| MODON | 3.40 | 0.03 (0.89 |
| ADNOCLS | 5.75 | 0.05 (0.87 |
| ADPORTS | 4.49 | -0.01 (-0.23 |
05/12/2025
The first phase of oil giant Aramco's Jafurah gas plant is complete and production has begun with a capacity of 450 million cubic feet per day, the Saudi finance ministry said on Tuesday.
Th
Asharq Al Awsat
05/12/2025
Bahrain Marina Development Company (BMDC), the master developer of the Bahrain Marina project on the eastern waterfront of Manama, has announced the signing of a strategic partnership agreement with
Trade Arabia
05/12/2025
Investcorp Capital (ICAP), a company listed on the Abu Dhabi Securities Exchange, today (December 4)announced that it has successfully acquired a diversified portfolio of industrial assets for $400 m
Trade Arabia
05/12/2025
In recognition of its sustained commitment to promoting inclusivity and fostering a workplace environment that embraces all segments of society, Gulf Bank received a special invitation from the Briti
Kuwait Times
05/12/2025
Leading Saudi flour production company Fourth Milling Company (MC4) has broken ground on its new production facility at Al Kharj region of the kingdom. This comes as part of its SAR265 million ($71 m
Trade Arabia
Financial Information Co.
Saudi Arabia