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Saudi Power Procurement issues tender for advisors on gas-fired power projects
PLUS: Zatca issues request for qualification for hybrid power plant
Almarai inches closer to acquisition of Etmam Logistics. Plus: Arab Energy Fund will invest in Dussur projects
Almarai | Etmam Logistics | Chemanol | Global Company for Chemical Industries, Kingdom Holding, Retal Urban Development, Advance International
Almarai’s net income up 9% y-o-y in 1Q on back of improved costs management
Almarai said it was able to “absorb the adverse impact of the EGP devaluation” during the quarter
Almarai looks to expand in North Africa and Iraq, downplays Savola exit plans
Prince Naif downplays Savola’s decision to offload its full 34.5% stake in Almarai
Dairy giant Almarai to invest SAR 18 bn under five-year strategic plan
The investments will be financed from the company’s operational cashflows
Savola looks to offload Almarai, raise SAR 6 bn in fresh capital to focus on fresh growth
Savola is also looking into the possible IPO of Panda, its consumer retail arm
New bosses at Journalists Association, Horizon Food
Al Harbi was the general manager of Almarai Eastern Province Region
A positive 4Q for Almarai
The rise in net income came on the back of higher operating income and the full acquisition of the Egypt…
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