Sunday 22 December 2024
 
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Saudi Arabia's Nadec acquires Al Safi Danone

Saudi Arabia-based Al Safi Holding, a unit of Al Faisaliah Group, has sold its shares in Al Safi Danone Company (ASD), a producer of dairy and juice products, to National Agricultural Development Co (Nadec). Baker McKenzie, a lead

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Saudi firm set for merger talks with Al Safi Danone

Saudi-based National Agricultural Development Company (Nadec) said it is set to start merger talks with leading dairy company Al Safi Danone (ASD) that will be executed through a share swap deal. ASD is a joint venture between Sau

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Saudi firm set for merger talks with Al Safi Danone

Saudi-based National Agricultural Development Company (Nadec) said it is set to start merger talks with leading dairy company Al Safi Danone (ASD) that will be executed through a share swap deal. ASD is a joint venture between Sau

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Oman inflation accelerates to 0.9pc in Dec

Oman's inflation increased to 0.9 per cent year-on-year in December, from 0.8 per cent in November, data showed on Sunday. The consumer price index of the Gulf sultanate rose by 0.2 per cent month-on-month in December, the same as in t

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Nadec to obtain farmland in Sudan

Saudi-based National Agricultural Development Company (Nadec) said on Sunday it has completed procedures to obtain a 42,000-hectare farmland in Sudan. Saudi Arabia has urged companies to invest in farm projects abroad after abandoning a 30

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