<?xml version="1.0" encoding="utf-8"?>
<!-- generator="ArabianBusiness.com" -->
<rss version="2.0">
	<channel>
		<title>Arabianbusiness.com - The Savola Group</title>
		<description>ArabianBusiness.com - Business and Industry News coverage of the Middle East including Stock Markets, Events, Video and Audio.</description>
		<link>http://www.arabianbusiness.com/</link>
		<lastBuildDate>Sun, 22 Nov 2009 05:29:35 +0000</lastBuildDate>
		<generator>ArabianBusiness.com</generator>
		<image>
			<url>http://www.arabianbusiness.com/pictures/furniture/logo_arabianbusiness_rss.gif</url>
			<title>Arabianbusiness.com</title>
			<link>http://www.arabianbusiness.com/</link>
			<width>144</width>
			<height>16</height>
		</image>
		<language>en-gb</language>
		<copyright>ITP Digital Ltd. 2007</copyright>
		<webMaster>webmaster@arabianbusiness.com</webMaster>
		<pubDate>Sun, 22 Nov 2009 09:29:35 +0400</pubDate>
		<item>
			<title>Saudi Savola expands retail chain with $117m Geant buy</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=562887&amp;Itemid=1</link>
			<description><![CDATA[Saudi-based Savola Group agrees to pay SR440m ($117.3m) for retail supermarkets.]]></description>
			<category>Retail | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=562887&amp;Itemid=1</guid>
		</item>
		<item>
			<title>Saudi investor accepts watchdog's fine</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=560165&amp;Itemid=1</link>
			<description><![CDATA[Mohammed bin Ibrahim bin Mohammed al-Issa still denies original insider trading charge.]]></description>
			<category>Banking &amp; Finance | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=560165&amp;Itemid=1</guid>
		</item>
		<item>
			<title>Savola to pour $100mn into agribusines</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=519721&amp;Itemid=1</link>
			<description><![CDATA[WEFME: Saudi group eyeing investments in Ukraine, Brazil or Egypt, CEO says.]]></description>
			<category>Retail | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=519721&amp;Itemid=1</guid>
		</item>
		<item>
			<title>Savola plans huge sugar refining boost</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=518206&amp;Itemid=1</link>
			<description><![CDATA[Saudi firm to increase capacity in Egypt by more than half to 1.15mn tonnes within two years.]]></description>
			<category>Retail | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=518206&amp;Itemid=1</guid>
		</item>
		<item>
			<title>Savola recovers after dismal fourth quarter</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=516952&amp;Itemid=1</link>
			<description><![CDATA[Saudi food products firm returns to profit in Q1, posting 82.2% surge in net income.]]></description>
			<category>Retail | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=516952&amp;Itemid=1</guid>
		</item>
		<item>
			<title>Panda, Giant Stores to merge</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=512007&amp;Itemid=1</link>
			<description><![CDATA[Saudi food group Savola has signed agreement to combine supermarket chains, chief executive says.]]></description>
			<category>Retail | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=512007&amp;Itemid=1</guid>
		</item>
		<item>
			<title>Savola eyes acquisitions after profit drops 24%</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=508594&amp;Itemid=1</link>
			<description><![CDATA[Saudi food company to take stakes in cooking oil firms in India, Indonesia and Pakistan.]]></description>
			<category>Retail | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=508594&amp;Itemid=1</guid>
		</item>
		<item>
			<title>Savola moves on Turkish edible oil market</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=504713&amp;Itemid=1</link>
			<description><![CDATA[Saudi-based group acquires 100% of shares in Turkey's Yudum for $53mn.]]></description>
			<category>Retail | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=504713&amp;Itemid=1</guid>
		</item>
		<item>
			<title>Value-added victory</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=504311&amp;Itemid=1</link>
			<description><![CDATA[  The credentials of this month's winner, Hyperpanda Dubai  Festival City, are the strongest yet. Retail News investigates.]]></description>
			<category>Retail | Features</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=504311&amp;Itemid=1</guid>
		</item>
		<item>
			<title>Shop X: the need for speed </title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=502834&amp;Itemid=1</link>
			<description><![CDATA[Skill shortages, oversupply and recruitment setbacks are frequently proclaimed as menaces to the future of the industry, however exclusive interviews Retail News secured with leading players this month offer solutions and realistic prospects of cures to these ills. ]]></description>
			<category>Retail | Comment</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=502834&amp;Itemid=1</guid>
		</item>
		<item>
			<title>Savola plans retail academy</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=502981&amp;Itemid=1</link>
			<description><![CDATA[  Retail CEO of Saudi Arabia's Savola Group reveals his plans to retain local staff by raising the profile of the industry.]]></description>
			<category>Retail | Features</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=502981&amp;Itemid=1</guid>
		</item>
		<item>
			<title>Global commodity prices hit Savola profit</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=501882&amp;Itemid=1</link>
			<description><![CDATA[Saudi's largest food firm sees Q3 net income plunge 72% after capital gain last year.   ]]></description>
			<category>Retail | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=501882&amp;Itemid=1</guid>
		</item>
		<item>
			<title>Savola to double size of Panda chain</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=500545&amp;Itemid=1</link>
			<description><![CDATA[Saudi group to increase network of supermarkets to 130 by 2010 as competition from rivals grows.]]></description>
			<category>Retail | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=500545&amp;Itemid=1</guid>
		</item>
		<item>
			<title>Savola to buy 5% of Jordan's Taameer</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=496469&amp;Itemid=1</link>
			<description><![CDATA[The Saudi retail giant agrees $27mn stake in Jordanian property firm as it plans to expand into real estate.    ]]></description>
			<category>Construction &amp; Industry | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=496469&amp;Itemid=1</guid>
		</item>
		<item>
			<title>Savola eyes Jordan property firm stake</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=496316&amp;Itemid=1</link>
			<description><![CDATA[Saudi food company plans to buy stake in Jordan's Taameer Holding Company as part of wider partnership.]]></description>
			<category>Retail | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=496316&amp;Itemid=1</guid>
		</item>
		<item>
			<title>Savola to close Sudan, Jordan plants</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=496217&amp;Itemid=1</link>
			<description><![CDATA[Customs policies lead the Gulf's largest food company to shut down edible oil plants in the two countries.]]></description>
			<category>Retail | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=496217&amp;Itemid=1</guid>
		</item>
		<item>
			<title>Saudi Savola in $4.8 bn expansion </title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=14197&amp;Itemid=1</link>
			<description><![CDATA[Jeddah-based food company plans to expand across Middle East, North Africa and Central Asia.]]></description>
			<category>Retail | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=14197&amp;Itemid=1</guid>
		</item>
		<item>
			<title>Savola nets $187m in EFC sale</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=13747&amp;Itemid=1</link>
			<description><![CDATA[Egyptian Fertilisers Company stake was sold to Abraaj Capital for more than double the acquisition price.]]></description>
			<category>Banking &amp; Finance | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=13747&amp;Itemid=1</guid>
		</item>
		<item>
			<title>Savola Group's chief executive resigns</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=8348&amp;Itemid=1</link>
			<description><![CDATA[Abdulraouf Mannaa, Savola's CEO since 2005, is moving to an undisclosed company in Saudi Arabia.]]></description>
			<category>Retail | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=8348&amp;Itemid=1</guid>
		</item>
	</channel>
</rss>
