Saturday 28 February 2015
 
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Almarai

Almarai appoints new CEO

Almarai, the Gulf's largest dairy company, has appointed a new chief executive after the previous one resigned to become Saudi Arabia's agriculture minister, it said on Sunday. Georges Schorderet, previously the company

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Almarai appoints new CEO

Almarai, the Gulf's largest dairy company, has appointed a new chief executive after the previous one resigned to become Saudi Arabia's agriculture minister, it said on Sunday. Georges Schorderet, previously the company

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Almarai meets forecasts with 14pc profit rise

Saudi Arabia's Almarai, the Gulf's largest dairy company, reported a 14.7 per cent increase in fourth-quarter net profit on Sunday, in line with analyst forecasts, as sales during the quarter accelerated. Almarai made a pr

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Almarai to offer $150m cash dividend for 2014

Saudi Arabia's Almarai said on Sunday its board recommended a cash dividend of 1 riyal ($0.27) per share for 2014. Almarai, the Gulf's largest dairy firm, paid an identical dividend on 2013 earnings, according to Thomson R

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Almarai Q3 profit rises 13.4pc to $143m

Saudi Arabia's Almarai, the Gulf's largest dairy company, reported a 13.4 per cent increase in third-quarter net profit on Sunday, slightly beating analysts' forecasts as sales rose. Almarai made a profit of SR539.4 mi

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Almarai Q3 profit rises 13.4pc to $143m

Saudi Arabia's Almarai, the Gulf's largest dairy company, reported a 13.4 per cent increase in third-quarter net profit on Sunday, slightly beating analysts' forecasts as sales rose. Almarai made a profit of SR539.4 mi

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Saudi Almarai Q2 net profit rises 8.8pc

Saudi Arabia's Almarai, the Gulf's largest dairy company, reported an 8.8 per cent increase in second-quarter net profit on Sunday as sales rose. Almarai made a profit of 433.3 million riyals ($115.5 million) in the three

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Egypt eyes $10bn foreign investment in 2015

Egypt's newly appointed investment minister Ashraf Salman said he targets $10 billion in foreign direct investment (FDI) for the coming fiscal year and $14 billion in three years. Meanwhile Saudi Arabia's Almarai, the Gulf

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Almarai signs two agreements to import feed

Almarai, a major dairy company, has signed two agreements with Ports Development Company (PDC) to invest in the development of infrastructure and logistics operations to aid in the import of cattle and poultry feed. The first agre

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Almarai profit up 7.3pc to $73m in Q1

Saudi Arabia's Almarai Co said on Sunday its first-quarter profit rose 7.3 percent, missing analysts' estimates despite higher sales and a one-off gain from an acquisition. Almarai made a net profit of 273.6 million riyals

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