Is Almarai a Saudi company?

Is Almarai a Saudi company?

Almarai Company (Arabic: شركة المراعي, lit. ‘The Pasture’) is a Saudi multinational dairy company which is listed on the Tadawul stock exchange. It specializes in food and beverage manufacturing and distribution. The company’s main offices are located in Riyadh, Saudi Arabia.

Who is the owner of Almarai Company in Saudi Arabia?

HH Prince Naif Bin Sultan bin Mohammed Bin Saud Al Kabeer In addition to being the chairman of Almarai company, he is the chairman for several other reputable companies including Zain, Arabian Shield, Global Downstream Industries, Global Chemical industries.

What does Almarai company do?

Almarai is the Middle East’s largest food and beverage manufacturer and distributor. Our mission is to provide high quality, nutritious food and beverages that enrich consumers’ lives every day. Focused on quality, we are the consumer’s preferred choice for superior products that meet their needs.

Who is the CEO of Almarai Company?

CEO. Abdullah Albader joined Almarai in 2000, and was appointed as General Manager of Bakery in August 2015. He held a number of positions in the company most recently as General Manager – Support Services prior to his current role as General Manager – Bakery.

Is Almarai a Indian?

Almarai is a Saudi Arabian dairy company that produces milk, yogurt, cheese, dairy products and various other drinks. The products of Almarai are sold in grocery stores and other outlets.

What is the meaning of Almarai?

Almarai. Almarai Company (Arabic: شركة المراعي‎, lit. ‘The Pasture’) is a Saudi multinational dairy company which is listed on the Tadawul stock exchange.

What is the history of Almarai?

Almarai started its operations in 1977 by Irish brothers Alastair McGuckian and Paddy McGuckian and Prince Sultan bin Mohammed bin Saud Al Kabeer. During the early years of the company’s history, there was little infrastructure for the production and sale of milk in the Kingdom of Saudi Arabia.

Is Almarai a popular brand in Saudi Arabia?

In 2018, it was announced that Almarai was the most popular brand in the Kingdom of Saudi Arabia for the third year in a row. This was according to a poll carried out by the British market research company, YouGov. Later that year, it was announced that Almarai announced plans to invest $2.8 billion in Middle Eastern production facilities.

How did Almarai raise the capital of its company?

At the beginning of 2007, Almarai signed a memorandum of understanding with the authorized partners in Western Bakeries Company Limited, to acquire up to 100% ownership of these companies. And then raise the capital of the company to (1.090) million Saudi riyals. The current capital is SR 8 billion.

What is the Almarai vision?

The Almarai vision of research and development involves continuous search for healthy products of high quality nutrition value to consumer’s satisfaction and tastes.