Saturday 5 September 2015
 
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Almarai

Almarai to issue $533m sukuk

Saudi Arabian dairy producer Almarai will issue a senior sukuk of up to SR2 billion ($533 million) to help finance investment plans, it said on Tuesday in a statement published on the bourse website. The sukuk will be offered to l

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Almarai to issue $533m sukuk

Saudi Arabian dairy producer Almarai will issue a senior sukuk of up to SR2 billion ($533 million) to help finance investment plans, it said on Tuesday in a statement published on the bourse website. The sukuk will be offered to l

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Almarai Q2 net profit surges 22pc

Saudi Arabia's Almarai, the largest dairy company in the Gulf region, has reported an 22.41 per cent increase in second-quarter net profit on Sunday. Almarai made a profit of SR530.4 million ($141.43 million)in the three month

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Almarai Q2 net profit surges 22pc

Saudi Arabia's Almarai, the largest dairy company in the Gulf region, has reported an 22.41 per cent increase in second-quarter net profit on Sunday. Almarai made a profit of SR530.4 million ($141.43 million)in the three month

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Almarai gets $210m bakery fire damages

Almarai, the Gulf's largest dairy company, said the final amount of compensation it would receive from its insurer after a fire at one of its bakeries last year was SR790 million ($210.6 million), according to a bourse filing on Sunday.

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Almarai gets $210m bakery fire damages

Almarai, the Gulf's largest dairy company, said the final amount of compensation it would receive from its insurer after a fire at one of its bakeries last year was SR790 million ($210.6 million), according to a bourse filing on Sunday.

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Almarai eyes $5.6bn capital expenditure

The board of Saudi Arabia's Almarai has approved a capital investment plan which will reach SR21 billion ($5.6 billion) in the next five years, it said on Tuesday. The Gulf's largest dairy firm said the 2016-2020 programme

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Almarai Q1 profit gains 12pc on higher sales

Saudi Arabia's Almarai, the Gulf's largest dairy firm, reported a 12 per cent rise in first-quarter net profit on Monday on higher sales. The firm made a profit of SR306.5 million ($81.7 million) in the three months to Mar

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Almarai plans $400m Egypt expansion

Saudi Arabia-based Almarai, one of the largest dairy food company in the world, is planning to invest $400 million in order to expand its current projects in Egypt, a report said. Almarai is also studying the possibility of acquir

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Almarai gets $67m compensation for bakery fire

Saudi Arabia's Almarai, the Gulf's largest dairy company, received SR250 million ($66.7 million) from an insurer in compensation for a fire at one of its bakeries, it said on Thursday. "This payment on account is not

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