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Almarai appoints Fawaz Al Jasser as CEO
Al Jasser will officially take the helm on 16 January
Almarai kicks off earnings season
The growth came short of analysts’ expectations, who penciled in SAR 615 mn
Almarai makes comeback to int’l debt markets
The issuance was priced at 4.45%
AlJazira closes USD 500 mn AT1 sale + Almarai kicks off FCY sukuk offering
Nomu-listed fragrance maker iOud is also planning to roll out a SAR-denominated sukuk program
Almarai re-elects Chair and Vice Chair of its board
They have been signed for a four-year term ending August 2029
Almarai finalizes SAR 1 bn takeover of Pure Beverages
ALSO: Dammam adds 162 new industrial units to fire up SME growth
Almarai’s net income slightly misses expectations in 2Q
Almarai’s net income rose 5% y-o-y to SAR 1.4 bn in 1H 2025
Almarai to acquire full stake in Pure Beverages for SAR 1 bn. PLUS: Acwa eyes Kahrabel assets in Kuwait
The transaction is valued at over SAR 1 bn
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