Brazilian meat giant JBS SA and Saudi company Almarai Co. are among companies vying to buy out Alwatania, the Middle East’s largest poultry producer, according to people familiar with the matter.

Almarai said its poultry operation expansion will be funded through “internally generated cash flows”. The company has chicken processing facilities at Alyoum and Ha’il. In 2020 its poultry ...

Saudi Arabian food and beverage group Almarai’s planned acquisition of Jordan-based peer Hammoudeh Food Industries has fallen through. In a brief statement yesterday (17 March) on the Saudi ...

DUBAI: Saudi food giant Almarai is set to invest SR6.6 billion ($1.8 billion) to expand its poultry business that aims to double its market share in the sector. The expansion will be implemented in ...

DUBAI, March 18 (Reuters) - The Middle East's biggest dairy firm Almarai (2280.SE), opens new tab plans to spend over 18 billion riyals ($4.8 billion) through 2028 under a new plan aimed at ...

Almarai saw its Q1 2022 net profit rise 9 percent year-on-year ... Malaysia has banned the export of chicken with the aim of cooling prices for the domestic market.

The combination of RISE with SAP and Google Cloud's sophisticated AI tools equips Almarai to effectively deploy generative AI technologies. The Middle East faces unique challenges in ensuring food ...

Almarai’s linked food security plan was first ... intention of increasing its market share of the chilled and frozen chicken categories. In December last year, it announced the approval of ...