This strategic divestment follows SALIC’s earlier acquisition of a 35.43 per cent stake in Olam Agri in December 2022, valued at $3.50 billion Singapore-based Olam Group Limited (OGL) has announced its decision to sell a controlling 80.01 per cent stake in Olam Agri Holdings to Saudi Agriculture & Livestock Investment[Read More…]
Tag: Saudi
Nestlé to establish first food factory in Saudi Arabia
The project aims in its initial stages to produce children’s food and to launch an automated production line with modern technologies for packaging In a significant move to boost local food production, Nestlé has partnered with the Saudi Authority for Industrial Cities and Technology Zones “MODON” to construct its first[Read More…]
Heinz launches robotic snack dipper in Saudi
The Hum Hum was designed using a state-of-the-art mechanical hand that dips and feeds gamers while they play Heinz, makers of the world’s favourite ketchup, have released a revolutionary solution tackling gamers’ irrational love for Heinz. Research showed that 90 per cent of gamers struggle with snacking while playing, in comes Heinz,[Read More…]
