ArabianBusiness.com - Middle East Business News
Monday, 20 May 2024 05:58 UAE time

YOUR DIRECTORY /

The Savola Group

Main Category: FMCG Manufacturer
First Address : PO Box 14455
Second Address : 8th Floor, Saudi Business Centre, Madinah Road
City : Jeddah
Country : Saudi Arabia
Phone: 966 2 6573333
Fax: 966 2 6484119
Email: webmaster@savola.com
Website: www.savola.com


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ALL STORIES LIST


Saudi Savola expands retail chain with $117m Geant buy

Saudi-based Savola Group agrees to pay SR440m ($117.3m) for retail supermarkets.

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Saudi investor accepts watchdog's fine

Mohammed bin Ibrahim bin Mohammed al-Issa still denies original insider trading charge.

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Savola to pour $100mn into agribusines

WEFME: Saudi group eyeing investments in Ukraine, Brazil or Egypt, CEO says.

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Savola plans huge sugar refining boost

Saudi firm to increase capacity in Egypt by more than half to 1.15mn tonnes within two years.

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Savola recovers after dismal fourth quarter

Saudi food products firm returns to profit in Q1, posting 82.2% surge in net income.

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Panda, Giant Stores to merge

Saudi food group Savola has signed agreement to combine supermarket chains, chief executive says.

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Savola eyes acquisitions after profit drops 24%

Saudi food company to take stakes in cooking oil firms in India, Indonesia and Pakistan.

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Savola moves on Turkish edible oil market

Saudi-based group acquires 100% of shares in Turkey's Yudum for $53mn.

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Value-added victory

The credentials of this month's winner, Hyperpanda Dubai Festival City, are the strongest yet. Retail News investigates.

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Shop X: the need for speed

Skill shortages, oversupply and recruitment setbacks are frequently proclaimed as menaces to the future of the industry, however exclusive interviews Retail News secured with leading players this month offer solutions and realistic prospects of cures to these ills.

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Savola plans retail academy

Retail CEO of Saudi Arabia's Savola Group reveals his plans to retain local staff by raising the profile of the industry.

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Global commodity prices hit Savola profit

Saudi's largest food firm sees Q3 net income plunge 72% after capital gain last year.

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Savola to double size of Panda chain

Saudi group to increase network of supermarkets to 130 by 2010 as competition from rivals grows.

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Savola to buy 5% of Jordan's Taameer

The Saudi retail giant agrees $27mn stake in Jordanian property firm as it plans to expand into real estate.

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Savola eyes Jordan property firm stake

Saudi food company plans to buy stake in Jordan's Taameer Holding Company as part of wider partnership.

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Savola to close Sudan, Jordan plants

Customs policies lead the Gulf's largest food company to shut down edible oil plants in the two countries.

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Saudi Savola in $4.8 bn expansion

Jeddah-based food company plans to expand across Middle East, North Africa and Central Asia.

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Savola nets $187m in EFC sale

Egyptian Fertilisers Company stake was sold to Abraaj Capital for more than double the acquisition price.

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Savola Group's chief executive resigns

Abdulraouf Mannaa, Savola's CEO since 2005, is moving to an undisclosed company in Saudi Arabia.

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