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Thursday, 25 April 2024 09:16 UAE time

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Savola Group

Main Category: Multi-line
First Address : Floor 8, Saudi Business Center
City : Jeddah
Country : Saudi Arabia
Phone: 966 2 6573333
Fax: 966 2 6484119
Website: www.savola.com


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ALL STORIES LIST


New deal to give Saudi's Savola full Panda control

Group plans to pay $5.52m in cash in exchange for Alhokair Group's stake in Azizia.

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Saudi supermarket chain plans more female cashiers

Panda hypermarket official says firm plans to push on with female recruitment drive.

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Saudi Muhaidib to raise Savola stake to 15%

In a stock swap deal, Al-Muhaidib will increase its stake in Savola from 8.4 percent.

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Saudi's Savola in new $330m Muhaidib share swap

Savola to fully control sugar, oil and boost retail stake; Muhaidib is Savola's new chairman.

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Saudi's Savola Group posts Q4 profit boost

Firm reports better than expected results, says it will raise net operating income by 8.1% this year.

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Saudi based Herfy starts $110m IPO

Company offering 8.1m shares at IPO while Savola Group's stake will drop to 47.6%.

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Saudi's Herfy to raise $110.2m from Jan IPO

Company to sell 30% of capital with proceeds of sale to go to shareholders.

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Saudi Savola cleared for Geant buy

Deal will see Savola's retail arm Azizia Panda increase its share of Saudi retail market to 8% from 7%.

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Saudi Savola's Q2 profit down, eyes 58% Q3 growth

Profit falls on lower income, provisions for investment in a listed property developer.

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Savola seeks to double Egyptian edible oil exports

Unit of Saudi-based Savola Group looking to offset declining domestic market share.

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Kinan puts Jeddah project on hold

Affiliate of Saudi Arabia's Savola Group puts 2 billion riyals property project on hold.

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Saudi initiative creates 10,000 job opportunities

Jobs include sales, marketing, accounting, secretarial work and customer services.

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Saudi Savola posts Q4 loss, predicts further woe

UPDATE 1: Saudi conglomerate sees 36% drop in company's profit in Q1 of 2009.

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Gulf food retailers 'unlikely to be hit by slowdown'

Analysts predict sector will outperform others in region if global recession deepens.

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Saudi Savola to invest $1.7bn on expansion by 2010

Company targets more deals in South Asia after it announces news of Pakistan buy.

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Saudi Savola Q2 operating profit up 67%

Net profits of $68.7mn in line with forecasts as underlying income grows strongly.

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From oil to soil

Gulf states are snapping up farmland across Asia and Africa to secure their long-term supplies. 

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