Kraft Foods announces Saudi plant expansionKraft Foods, the global snacks powerhouse, has announced the expansion of its Nabisco Arabia biscuit plant in Dammam in partnership with Saudi-based Olayan Group as part of plans to double its production capacity. The Nabisco Ara More… |
CS ties up with Gulf firms to issue $6.2bn notesCredit Suisse Group said it has sealed an agreement with its key Gulf investors, Qatar Holding and Saudi-based Olayan Group, to issue an aggregate of CHF6 billion ($6.17 billion) of Tier 1 buffer capital notes. This form of contingent More… |