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dairy

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
 
UAE to liberalise trade in 12 commodities, eyes prices

UAE to liberalise trade in 12 commodities, eyes prices

The UAE cabinet announced on Sunday it would liberalise trade in 12 commodities, saying this would help market stability, state news agency WAM reported.

January 23, 2012 3:01
 
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 war to save water

Saudi’s war to save water

Water has always been a precious commodity in the Kingdom, and it is now resorting to desperate measures to preserve the liquid.

February 2, 2010 1:35