Agthia Group, one of the region’s leading food and beverage companies, has delivered solid results for the first nine months of the year, recording a three-fold growth in its net profit over last year, while its revenue surged by 9.6% to hit AED3.9 billion ($1.1 billion) despite key regional challenges.
Saudi food and beverage company Almarai has announced plans to invest more than $4 billion through 2031 as part of a new growth strategy focused on expanding capacity, entering new categories and increasing its presence in priority markets.