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Saudi Almarai's Q3 gross profit down 4.2pc to $386m
(Trade Arabia - 14/10/2018)

Saudi Arabia's Almarai, the largest dairy company in the Gulf, has reported a gross profit of SR1.45 billion ( $386.3 million) for the third quarter, down 4.2 per cent compared to SR1.5 billion ($399 million) for the same last year.<br/><br/> Announcing

Almarai profit under pressure as Saudi costs rise
(Gulf Times - 11/10/2018)

Rising labour and tax costs in Saudi Arabia are putting pressure on profitability at Almarai Co, the country’s largest dairy producer. “We will be under pressure, there’s no question,” chief financial officer Paul-Louis Gay said on Tuesday during a

Saudi Arabia's Almarai plans to sell sukuk by year-end, CFO says
(The National - 08/10/2018)

Almarai, the Arabian Gulf’s biggest dairy company, expects to issue a new sukuk before the end of 2018 as part of an ongoing debt refinancing strategy, its chief financial officer said on Sunday.<br/><br/> “We have no plans to grow our debt facilities –

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