Register for our free newsletter

 
 
Latest News

Almarai

Saudi’s Almarai will issue private Sukuk

Almarai has been keen to expand its footprint outside its core presence in the Gulf region.

November 6, 2012 9:01
 
Saudi’s Almarai raises $267M debut sukuk

Saudi’s Almarai raises $267M debut sukuk

Saudi Arabia's Almarai Co, the Gulf's biggest dairy firm by market value, raised 1 billion riyals ($266.6 million) through a sukuk, or Islamic bond, issue on March 7, the firm said in a bourse statement on Sunday.

March 12, 2012 1:56
 
Saudi Almarai mulls stake increase in PepsiCo JV

Saudi Almarai mulls stake increase in PepsiCo JV

Saudi Arabia's Almarai is in talks with PepsiCo Inc to increase its stake in a joint venture formed with the US soft drink giant in 2009, the Gulf dairy firm said on Tuesday.

February 28, 2012 2:49
 
Saudi’s Almarai to start sukuk roadshow this week

Saudi’s Almarai to start sukuk roadshow this week

Saudi Arabia's Almarai Co, the Gulf's biggest dairy firm by market value, plans to start a roadshow this week to issue a riyal denominated sukuk, or Islamic bond, the firm said in a bourse statement on Saturday.

February 19, 2012 10:17
 
Saudi Almarai Q4 profits inch up, raw material costs bite

Saudi Almarai Q4 profits inch up, raw material costs bite

Almarai margins affected by higher raw material costs; Dairy firm says has yet to book Zain Saudi impairment

January 17, 2012 2:46
 

Saudi’s Almarai buys Argentina firm to secure livestock feed

Saudi Arabia's Almarai Co, the Gulf's biggest dairy firm by market value, has acquired Fondomonte SA which owns and operates farms in Argentina, to secure feed for its dairy herd and poultry businesses, it said on Wednesday.

December 22, 2011 1:32
 

Saudi’s Almarai plans to raise capital by 73.9 percent

Saudi Arabia's Almarai Co, the Gulf's biggest dairy firm by market value, plans to increase its capital by 73.9 percent to 4 billion riyals ($1 billion) from 2.3 billion, it said on Wednesday.

December 7, 2011 12:32
 

Saudi Almarai gets approval for Islamic bond sale

Saudi Arabia's Almarai Co has received shareholder approval for its planned Islamic bond sale, the diary firm said in a statement on Sunday.

November 20, 2011 11:26
 

Saudi’s Almarai sees $36 mln writedown on Zain Saudi stake

"If the share price of Zain Saudi will stay at the level it's at currently or lower by year-end, we will then propose an impairment of the assets," Paul-Louis Gay, Almarai chief financial officer.

October 19, 2011 3:54
 

Saudi dairy firm Almarai plans Islamic bond sale

Shareholders will be asked to approve the company's bond issue programme, and to authorise its board of directors to issue the sukuk, once all regualtory approvals are in place.

October 16, 2011 9:12
 
12