S. Arabia’s Savola group to issue Almarai stake to shareholders
Saudi Arabia's Savola announced that it intends to give its eligible shareholders a 34.52 per cent stake in the…
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Almarai
S. Arabia’s Almarai posts 16.4% net profit in ’23
Saudi Arabia dairy giant, Almarai, registered a 16.4 per cent increase in net profit to Saudi riyals 2.05 billion…
EBRD grants Almarai $100 mln to boost dairy production in Egypt, Jordan
The European Bank for Reconstruction and Development (EBRD) is providing loans of $100 million to the Saudi-based…
Saudi stocks up despite lower oil prices
Investors in Saudi Arabia's stock market shrugged off further losses in oil prices in early trade Monday. Riyadh's…
Egypt seen EGP5 billion New Saudi Industrial and Agricultural Investments
Many Saudi companies working in the Egyptian market target expanding into their industrial and agricultural…
Egypt’s Economy, a New Regime Attempts to Foster Growth
IT WAS a rare example of Egypt doing something that pleased economists. On July 5th fuel prices rose as the…
Saudi’s Almarai Won’t Mind Listing Shares in Egypt Bourse – CEO
Saudi Arabia's Almarai, the Gulf's biggest dairy company, is seeking to increase its market share in Egypt to 35%…
Saudi’s Almarai, Pepsico to invest $345 million in Egypt
Saudi Arabia's Almarai, the Gulf's biggest dairy company, and U.S. soft drinks giant PepsiCo will invest about $345…
Gulf States, Minus Qatar, Rally Egypt Investment to Buoy Army Power
With one notable exception, wealthy Gulf Arab states are encouraging investment in Egypt to help shore up its…
