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Lulu, Majid Al Futtaim, Savola among top 250 retailersThree major retailers from the Middle East region - Emke Group/Lulu Group International, Majid Al Futtaim Holding and Savola Group – are on a new list of top 250 global retailers, launched by Deloitte Global. More… |
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Savola's retail unit Panda names new CEOSavola Group, one of Saudi Arabia's leading retail and food holding companies, has appointed Bander Talaat Hamooh as the new chief executive officer (CEO) for its retail unit Panda effective October 15. Panda, 91 per cent owned by S More… |
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Savola in $300m deal to buy Saudi confectionerySavola Group, Saudi Arabia's largest food products company, is in talks to buy sweets and confectionery maker Sanabel Al Salam in a deal worth $300 million, sources told Reuters. The confecti More… |
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Savola in $300m deal to buy Saudi confectionerySavola Group, Saudi Arabia's largest food products company, is in talks to buy sweets and confectionery maker Sanabel Al Salam in a deal worth $300 million, sources told Reuters. The confecti More… |
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Three Mideast retailers among international top 250The Middle East remains an attractive destination for retailers, with Emke Group/Lulu Group International, Majid Al Futtaim Holding and Savola Group ranking among the 250 largest retailers in the world, a report said. “Toget More… |
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Saudi retail giant Savola swings to Q4 net lossSavola Group, one of Saudi Arabia’s leading retail and food holding companies, has reported a net loss of SR964 million ($257 million) in the fourth quarter of 2016 compared to a net income of SR515 million ($137 million) for the same peri More… |
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Saudi retail giant Savola swings to Q4 net lossSavola Group, one of Saudi Arabia’s leading retail and food holding companies, has reported a net loss of SR964 million ($257 million) in the fourth quarter of 2016 compared to a net income of SR515 million ($137 million) for the same peri More… |
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Savola launches new brand identitySaudi Arabia-based Savola, a leading company in the food and retail sectors, has launched its new identity which reflects the company’s commitment to growth. The new logo illustrates its future objectives aimed at achieving More… |
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Savola net profit drops 43.2pcSaudi Arabian food maker Savola Group, the country's largest food products company, reported a 43.2 per cent fall in second-quarter net profit and cut its dividend on Thursday, citing higher operating expenses and financial charges. More… |
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Savola Q1 profit slidesSaudi food producer Savola Group , the country's largest food products company, reported a 80.3 percent fall in first-quarter net profit on Wednesday, missing analysts' forecasts and after an exceptional gain made a year ago. More… |
