Company maintains ratings for SABIC, Almarai and SEC, saying the price rise will only lead to a marginal increase in production costs for them
Almarai
Latest in Almarai
Almarai
Almarai announces $4.8bn investment plan
Almarai will invest almost $5bn in the next five years as it looks to expand into new sectors
Almarai
Saudi food giant Almarai records 8% jump in profits as revenues rise
Almarai’s bakery category led the growth during the period, recording a 124.6 percent increase due to higher sales
Almarai
Saudi food giant Almarai buys UAE production hub for $58.5m
Almarai signs agreement with Binghatti Beverages Manufacturing to expand manufacture of products in the Gulf region
Almarai
Revealed: The biggest spending Saudi-listed firms in 2020
New research shows Tadawul-listed companies invested more than $47bn last year
Almarai
Saudi wealth fund transfers stakes in food and agriculture firms
Public Investment Fund transfers shares in Almarai, the National Agricultural Development Company and the Saudi Fisheries Company
Almarai
Gallery: Nat Geo Abu Dhabi unveils ‘Moments’ photograph contest 2019 finalists
‘Moments’ is one of the largest photography competitions in the region, which attracted over 200,000 entries overall since its launch
Almarai
Revealed: Top 10 most popular brands in the UAE
Emirates, WhatsApp and Samsung are the top ranked brands among UAE consumers, according to research market firm YouGov
Almarai
Saudi Almarai shares plunge after 12% profit drop in Q2
CEO Alois Hofbauer resigned from the food giant after three months in the role
2019 Brand Intimacy Report
Retailers losing battle to connect with UAE customers
Consumer goods industry slumps in latest brand intimacy rankings for the UAE
Alamar Foods
Saudi dairy giant Almarai completes $28m deal to buy food firm
Saudi-based Almarai has completed its acquisition of Premier Foods from Alamar Foods
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
Abu Dhabi
Gallery: 10 best brands to work for in the UAE
According to YouGov’s BrandIndex 2019 Workforce Rankings, Dubai-based carrier Emirates Airline is the brand by UAE residents would feel most proud to work for. Brands with the highest average reputation scores between April 1, 2018 and March 31, 2019.
Ahmed Linjawi
Demand growing for homes at Saudi Arabia’s KAEC, says CEO
Companies including Pfizer, Total and IKEA have established themselves in King Abdullah Economic City
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
Almarai
Saudi’s Almarai takes brand beating after boycott campaign
BrandIndex says Saudi Arabia’s biggest dairy saw big declines in its brand perception during July following a price increase