Thursday 2 July 2015
 
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dairy

Oman food company to build new factories

Oman Food Investment Holding Company (OFIC) has reached an agreement to build three factories  in the sultanate for the dairy and poultry sectors at a total investment of $620 million, a report said. About 70 per cent of the capita

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Oman food company to build new factories

Oman Food Investment Holding Company (OFIC) has reached an agreement to build three factories  in the sultanate for the dairy and poultry sectors at a total investment of $620 million, a report said. About 70 per cent of the capita

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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 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 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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Hassad Food kicks off investment in Turkey

Qatar-based Hassad Food, a leading global investor in the agriculture and livestock sectors, has initiated an investment plan covering poultry, meat and dairy in Turkey. Nasser Al Hajri, chairman and managing director of Hassad Fo

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