Almarai

The Almarai plant at Al Kharj.

Almarai gets $100m EBRD loan

By Jim Cornall

The European Bank for Reconstruction and Development (EBRD) has given a $100m loan to Saudi Arabian dairy company Almarai.

'Almarai Company announces its interest to acquire a controlling stake in National Food Products Company...' © iStock

Almarai to buy NFPC in potential $1.5bn deal

By Eliot Beer

Saudi’s Almarai has formally announced its intention to buy UAE food producer NFPC, potentially worth up to US$1.5bn, as analysts remain cautious on the firm’s outlook after mixed Q1 results.

Saudi food giant Almarai may buy a US$1.5bn stake in the UAE’s National Food Products Company (NFPC). (image:iStock.com)

Almarai in $1.5bn NFPC possible purchase

By Eliot Beer

Saudi food giant Almarai may buy a US$1.5bn stake in the UAE’s National Food Products Company (NFPC), as the Saudi firm ups its dividend payment and plans to boost its equity. 

Dairy and juice dominate Almarai's operations, accounting for US$2.64bn of sales last year

Almarai profit up 11% to $445m

By Eliot Beer

Saudi food producer Almarai saw its full-year profit rise 11.5% to US$445m, with total sales of US$3.35bn for the year.

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