Almarai

Saudi Arabia: Food security is a priority

The Public Investment Fund has transferred its ownership stakes in Almarai, the National Agricultural Development Company, and the Saudi Fisheries Company to the Saudi Agricultural and Livestock Investment Company (SALIC).

Almarai acquires huge farmland in Arizona

Saudi dairy company Almarai completed the purchase of 9,834 acres of farmland in Arizona, US, as part of its efforts to secure a supply of alfalfa hay from outside the Kingdom to support its dairy business.

BMI: Saudi Arabia Agribusiness Report (Apr-13)

A consortium of Saudi groups - comprising dairy giant Almarai, grain importer Al Rajhi and Salic, the agriculture arm of the country's sovereign wealth fund - agreed to pay US $92mn to acquire Continental Farmers Group located in northern Poland and western Ukraine