Saudi-based Almarai has completed its acquisition of Premier Foods from Alamar Foods
largest dairy company
Latest in largest dairy company
AI innovation
Saudi dairy giant plans $1.9bn investments in growth, innovation
Almarai, the Middle East’s biggest dairy producer, has approved a new five-year business plan with plans to invest $1.9bn
agricultural
Saudi’s Almarai sells 33% stake in United Farmers Holding
Tadawul-listed dairy giant struggled to maintain profitability in 2018
Almarai
Increased competition, costs sees Almarai report dip in Q3 profit
The Gulf’s largest dairy company said the most significant decline was in the dairy and juice category, which saw profits plummet 14.5% over the course of the quarter
Al Rawabi Dairy Company
UAE’s biggest dairy posts 12% rise in half-year revenue
Al Rawabi Dairy Company says strong H1 performance driven by launch of new products
Dubai
India’s Kwality to wind up Dubai operations
The company is currently present in Dubai through a 100 percent owned subsidiary, Kwality Dairy Products DZE (KDPF) at Jebel Ali Free Zone
Almarai
Saudi food giant Almarai reports negative growth in Q2
Almarai said the dairy, juice and bakery segments have seen a ‘marked slowdown’ in 2018.
Almarai
Saudi dairy becomes boycott target as rising prices fuel anger
Social media campaign is circulating photos of popular Almarai yogurt drink plastered with a red X and the phrase ‘let it go sour’
Almarai
Almarai sets five-year capital expenditure at $2.83bn
Almarai’s investment programme will be financed through increasing operating cash flow and debt, including Islamic bonds
Almarai
Pressure on prices see Saudi’s Almarai Q4 profit drop 4.3%
Almarai said it protected its operating profit and its balance sheet with strict cost control and a reduced investment level
Almarai
Saudi’s Almarai warns of adverse market conditions as Q3 profit remains flat
Higher operating costs and devaluation of the Egyptian pound among reasons cited
