Latest Insights

BRICs and beyond: United Biscuits sets sights on Middle East growth 21 Nov 2013

United Biscuits has signed a deal to acquire a majority stake in Saudi snacks business Rana Confectionery Products. The deal, the UK snacks firm says, will allow it to grow and establish a strong position in Saudi Arabia but also the wider Middle East region with its brand portfolio. Michelle Russell reports.

Product developments fuel growth in Saudi bread market 1 Aug 2007

Growing demand for specialised bread products is contributing to value growth in the Saudi baked goods market, which is also being fuelled by the spread of large-scale grocery outlets. Francisco Redruello of Euromonitor International analyses recent market developments.

Latest News

Savola CEO Rayan Fayez quits 15 Nov 2017

Savola CEO Rayan Fayez has resigned from the Saudi Arabia-based food manufacturer and retailer after less than two years in the job.

Danone's Saudi joint venture in merger talks with rival 9 Oct 2017

Al Safi Danone Company (ASD), the Saudi Arabian joint venture involving French food giant Danone, is in merger talks with fellow Saudi dairy firm National Agricultural Development Company (Nadec).

Saudi's Savola Group 'in talks to buy confectioner Sannabel Al-Salam' 2 Oct 2017

Saudi Arabia's largest food group Savola has been linked with a US$300m bid to acquire confectionery manufacturer and retailer Sannabel Al-Salam.

Almarai Q2 revenue falls as "tough" conditions persist 25 Jul 2017

Almarai, the Saudi Arabia-based dairy and poultry group, saw revenue decrease during the second quarter due to lower exports and a deterioration in consumer sentiment.

Savola profit falls on lower Q1 sales, margins 12 May 2017

Saudi Arabian food group Savola has reported a 96% fall in first-quarter net profit.

Ulker Biskuvi eyes purchase of United Biscuits Saudi unit 21 Feb 2017

Ülker Bisküvi is in talks to take on a business in Saudi Arabia owned by United Biscuits, one of the Turkey-based snacks group's sister companies under the ownership of Yildiz Holding.

Fresh Del Monte expands Middle East foodservice business  6 Feb 2017

Fresh Del Monte Produce is expanding its business in Saudi Arabia and the United Arab Emirates by increasing its presence in the foodservice space. 

Barilla eyes Saudi Arabia with Mayar tie-up  31 Jan 2017

Italian pasta group Barilla has entered into a distribution agreement with Mayar Foods in a bid to grow its business in Saudi Arabia. 

Egypt impairment charge weighs on Savola's food arm 23 Jan 2017

Savola has reported a fall in annual sales and earnings from its food division amid an impairment on the Saudi Arabia-based group's food manufacturing business in Egypt.

Almarai sales, earnings rise in 2016 17 Jan 2017

Almarai, the Saudi Arabia-based dairy-to-poultry group, has reported higher sales and profits in 2016.

Latest blogs

Saudi, Iran feud could spell trouble for food companies 8 Jan 2016

Saudi Arabian and Iranian food groups trading in each other's countries may face problems in the coming weeks as tensions between the two countries intensify.