Friday 28 July 2017
 
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Savola

Three Mideast retailers among international top 250

The Middle East remains an attractive destination for retailers, with Emke Group/Lulu Group International, Majid Al Futtaim Holding and Savola Group ranking among the 250 largest retailers in the world, a report said. “Toget

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Saudi retail giant Savola swings to Q4 net loss

Savola Group, one of Saudi Arabia’s leading retail and food holding companies, has reported a net loss of SR964 million ($257 million) in the fourth quarter of 2016 compared to a net income of SR515 million ($137 million) for the same peri

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Saudi retail giant Savola swings to Q4 net loss

Savola Group, one of Saudi Arabia’s leading retail and food holding companies, has reported a net loss of SR964 million ($257 million) in the fourth quarter of 2016 compared to a net income of SR515 million ($137 million) for the same peri

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Savola launches new brand identity

Saudi Arabia-based Savola, a leading company in the food and retail sectors, has launched its new identity which reflects the company’s commitment to growth. The new logo illustrates its future objectives aimed at achieving

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Savola net profit drops 43.2pc

Saudi Arabian food maker Savola Group, the country's largest food products company, reported a 43.2 per cent fall in second-quarter net profit and cut its dividend on Thursday, citing higher operating expenses and financial charges.

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Savola Q1 profit slides

Saudi food producer Savola Group , the country's largest food products company, reported a 80.3 percent fall in first-quarter net profit on Wednesday, missing analysts' forecasts and after an exceptional gain made a year ago.

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Dentons advises EBRD on $100m Savola equity deal

Leading global law firm Dentons has advised long-standing client the European Bank for Reconstruction and Development (EBRD) on a $100-million equity investment into Egypt’s agribusiness sector. EBRD has invested into United

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Dentons advises EBRD on $100m Savola equity deal

Leading global law firm Dentons has advised long-standing client the European Bank for Reconstruction and Development (EBRD) on a $100-million equity investment into Egypt’s agribusiness sector. EBRD has invested into United

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EU bank to invest $100m in Savola Egypt unit

Saudi Arabia's largest food products company, Savola Group, said on Tuesday the European Bank for Reconstruction and Development (EBRD) will invest $100 million in one of its indirect subsidiaries in Egypt. The investment in U

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Savola Group hires JP Morgan's Fayez as CEO

Saudi Arabia's largest food products company Savola Group said it appointed JP Morgan's Rayan Mohammed Fayez as chief executive, it said in a bourse filing on Tuesday. Fayez, who was previously chief executive of JP Morgan

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