GulfBase Live Support
Savola Group (Savola) would like to announce its Board of Directors acceptance of the resignation of its Chief Executive Officer (CEO); Eng. Rayan M. Fayez on 14 November 2017. Eng. Rayan Fayez submitted his resignation on 13 November 2017 due to his acceptance of a new position at another organization. His resignation will take effect on 8 February 2018.
In this connection, the Savola Group Chairman and the Board Members extended their sincere thanks and appreciation to Eng. Rayan for his efforts and dedication exerted during his office term as CEO for the Group. The Board also wishes Eng. Rayan all the best in his future endeavors.
The Savola Group will later announce the new CEO replacing Eng. Rayan as per the formalities and regulations in this respect.
Savola Group, a Saudi publicly listed joint stock company, announces the execution of a share purchase agreement for the acquisition of 51% of the Al Kabeer Group, a frozen foods player with operatio
Further to the Savola Group (The Group) previous announcement dated 14/11/2017, regarding the resignation of its CEO, the Group would like to announce its Board of Directors decision dated 30/1/2018
Three major retailers from the Middle East region - Emke Group/Lulu Group International, Majid Al Futtaim Holding and Savola Group – are on a new list of top 250 global retailers, launched by Deloitt
Fitch Ratings has upgraded the outlook of Doha Bank from negative to stable and affirmed the long-term Issuer Default Ratings (IDR) at ‘A’, it was announced in a statement.
“The upgrade to
Bahrain Islamic Bank (BisB) has announced the relaunch of its Al Thuraya Premium Banking Services with a selection of new unique features tailored to cater to the needs of High Net Worth Individuals
Qatari lenders Barwa Bank and International Bank of Qatar are in advanced talks to merge after discussions for a three-way merger with another bank collapsed last week, sources told Reuters on Wednes
Aldar Properties, a leading developer in Abu Dhabi, UAE, said it has signed up global hospitality giant Marriott International to manage one of its most strategically located hotels on Yas Island.
SABIC participated in the 86th annual conference of the International Fertilizer Association (IFA) in Berlin on June 18-20 as the Gold sponsor to underline the vital role played by the company in mee