Saudi food group Almarai appoints new chief executive officer

SAUDI ARABIA – Almaria Company, the Gulf’s leading dairy company based in Saudi Arabia has appointed Mr. Majed Mazen Nofal as its Chief Executive Officer, effective 1st January 2020. As part of the company’s succession […]

Brazil’s BRF to invest US$120m in Saudi poultry processing plant

SAUDI ARABIA – Brazilian food processor, BRF has entered into an agreement with the Saudi Arabian General Investment Authority to invest approximately US$120 million in setting up its first chicken processing plant in the country. […]

Saudi food company Almarai secures US$100m funding to expand subsidiaries

SAUDI ARABIA – Almaria, the Gulf’s leading dairy company based in Saudi Arabia, has secured US$100 million funding from the European Bank for Reconstruction and Development (EBRD) to boost operations of its subsidiaries. Almaria intends […]

Saudi Arabia outlines next phase of flour mills privatization

SAUDI ARABIA – Saudi Grains Organization (SAGO), the state grain buyer has stated that it will begin the next phase of the sale of its flour mills within days in a privatization move. According to […]

GEA secures deal with NADEC to build new olive oil mill in Saudi Arabia

ASIA – GEA Group, leading supplier of technology for the food processing industry has secured a contract deal with the National Agricultural Development Company (NADEC) to build and supply the industrial equipment for a large […]

Mars, Nestle and Unilever pledge to join Saudi Arabia’s Healthy Food Strategy

SAUDI ARABIA – Leading global food and beverage manufacturers; Mars, Nestle and Unilever, as well as importers have signed a voluntary pledge with the SFDA that includes reducing sugar, salt and fat content The Saudi […]

GEA partners with Almarai Company to build a modern dairy factory in Saudi Arabia

SAUDI ARABIA – GEA, one of the largest suppliers of technology for the food processing industry, has worked with Almarai Company in Saudi Arabia to build the nation’s largest and most modern dairy processing facility. […]