Friday 19 April 2024
 
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dairy firm

Almarai to invest $1.1bn in poultry sector

Saudi Arabia's Almarai Co plans to invest 4 billion riyals ($1.1 billion) in the poultry sector, the Gulf's biggest dairy firm by market value said on Tuesday. "This proposal was approved and will see the investment in the expansion of Alm

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Almarai seals Egypt dairy firm deal for $112m

Saudi dairy firm Almarai will pay about $112 million to complete next month the acquisition of a majority stake in an Egyptian dairy and juice manufacturer, a local newspaper reported on Wednesday. Almarai, the largest dairy company in the

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