This is besides the investment divestment of Savola Morocco SA, alongside the temporary suspension of operations in Sudan due to the escalating conflict in the country. In the food processing segment, ...

Savola's recent exit from Iran follows its withdrawal from operations in Morocco and Iraq in 2023. For the nine-month period ending 30 September, Savola reported a 1.04% year-on-year decline in ...

Savola Group Company is a Saudi Arabia-based joint stock company that is primarily engaged, together with its subsidiaries, in the production and distribution of vegetables oils, food products ...

During Q1 2023 there was capital gain amounting to SR18.5 million on the disposal of investment in Savola Morocco Company and refund of custom duty from regulatory authority in KSA having a net ...

RIYADH (Zawya Dow Jones)--Savola Group (2050.SA), a Middle East producer of sugar and other edible goods, expects to finish procedures for issuing its first Islamic bond, or sukuk, next week, the ...

Savola Group, one of the biggest names in the Saudi corporate landscape, will use the rights' proceeds to pay down debt and new investments. Supplied Dubai: One of the biggest Saudi business ...

Savola, Saudi Arabia’s largest food products company, said on Wednesday it plans to distribute its entire 34.52 per cent stake in regional dairy firm Almarai to its eligible shareholders.

DUBAI, July 9 (Reuters) - Savola Group, Saudi Arabia's largest food products company, confirmed on Tuesday it had raised 1 billion riyals ($267 million) in sukuk, or Islamic bonds, in a deal ...

Saudi Arabia’s Savola Group has signed a non-binding agreement to sell its packaging business to Takween Advanced Industries, as it moves to focus on its core sectors of food and retailing ...

DUBAI, Feb 7 (Reuters) - Savola (2050.SE), opens new tab, Saudi Arabia's largest food products company, said on Wednesday it plans to distribute its entire 34.52% stake in regional dairy firm ...