Almarai Company - Saudi Arabia

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Recent Articles

• Saudi Almarai eyes 50% of Egypt dairy market by 201317 November 2009

  Middle east's dairy giant to invest $18.3m to bring its buyout, Beyti's units to full capacity.

• Saudi's Almarai Q3 profit rises 24%10 October 2009

  Gulf region's largest dairy company boosts profits despite slowdown in sales in third quarter of 2009.

• Saudi watchdog okays Almarai's $253.2m bid for Hadco12 September 2009

  Almarai-Hail Agricultural Development Co merger to be decided by shareholders.

• Saudi Almarai, Hadco agree on takeover terms1 July 2009

  UPDATE 2: Deal provides Almarai entry into the lucrative Saudi poultry business.

• Almarai sweetens offer for Hadco9 May 2009

  UPDATE 1: Gulf's largest dairy firm ups share swap offer for agribusiness Hadco by almost 38%.

• Saudi firms in $40m farm investments abroad29 March 2009

  Consortium called Jenat to spend $18.67m to plant barley, wheat and livestock feed in Egypt.

• ING advises now the time to buy shares21 December 2008

  Advice is avoid real estate and go for firms with low debt and no capital-intensive projects.

• SAP planning to lift Western’s efficiency24 November 2008

  Saudi Arabia’s Almarai Group has implemented SAP’s flagship enterprise resource planning application (ERP) at its companies Western Bakery and International Baking Services.

• Almarai seeks share swap in farm firm takeover8 November 2008

  UPDATE 1: Gulf's largest dairy firm offers one new share for six of Hail Agricultural.

• Western Bakery aligns ERP with Almarai7 November 2008

  Western Bakery and International Baking Services deploy SAP ERP to integrate with parent company

• Saudi Almarai Q3 profit rises, beats forecasts11 October 2008

  Quarterly net income up 58% to $78.3 million, shares buck market trend.

• Saudi Almarai to take over Jordan beverage firm23 August 2008

  Move follows recent acquisition of Egyptian firm Beeaty for reported $112mn.

• Almarai snaps up Egyptian dairy firm16 August 2008

  Gulf's largest dairy company agrees to buy Beeaty, its first acquisition in North African country.

• Saudi's Almarai see profit jump 42% in Q29 July 2008

  Largest dairy firm in Gulf posts profit rise on higher sales, continues regional expansion.

• Awards honour F&B industry suppliers26 March 2008

  The region's food and beverage suppliers received awards for their innovation and customer service excellence.

• Transparency strategy ‘shocked’ Saudi market11 March 2008

  Almarai Company credits marketing strategy and best cold drink awards to honesty with trade.

• Almarai earnings surge on international sales22 January 2008

  Saudi dairy company reports 48.4% rise in Q4 profit after buying two foreign bakeries.

• Almarai milks profits in Q39 October 2007

  Gulf's largest dairy company sees net income surge 52% on higher sales to sixth consecutive record.

• AlMarai’s dairy’s second quarter profits rise by 36%6 August 2007

  Almarai, a KSA-based dairy company, reported a 35.8% rise in second-quarter net profit, according to local press reports.

• Bahrain dairy workers end strike 25 July 2007

  Almarai Dairy Company comes to initial agreement with employees over pay and working conditions.

• Bahrain dairy workers strike24 July 2007

  Around 150 Almarai Dairy Company employees take to streets over pay and working conditions.

• Revealed: Gulf's most admired companies14 April 2007

  Arabian Business has published its '50 Most Admired' list of regional companies.