Almarai company completed last Thursday buying an agricultural land in Vicksburg Arizona of the United States of America with a total area of 9,834 dunums. The transaction was made through Almarai' subsidiary which holds the brand "Fondaumente Arizona Limited" company. Almarai owns shares of Arizona Limited" company by 100%. The total value of the transaction amounts to $ 47,5 million, equivalent to about 178 million Saudi riyals, which will be funded from Almarai Company's own resources. In an advertisement published today on the Financial Stock Market "Tadawul", Almarai announced that the goal of this initiative is the cultivation of alfalfa and import it to meet the needs of its projects in the Kingdom of Saudi Arabia, in continuation with the company's approach in the conservation of natural resources.
GMT 22:53 2018 Thursday ,13 December
Indian Minister of Trade meets with UAE Ambassador, Chairman of Emaar PropertiesGMT 13:41 2018 Thursday ,06 December
Tyre maker Continental opens lab to extract rubber from dandelionsGMT 15:22 2018 Friday ,30 November
Paper industry around famous Chinese lake to be shut down by 2019GMT 11:13 2018 Sunday ,18 November
Electricx 2018 kicks off with participation of over 20 countriesGMT 14:17 2018 Thursday ,25 October
BP eyes entering several new Rosneft projectsGMT 12:08 2018 Saturday ,20 October
OPEC participants performed Vienna Agreement by 111%GMT 16:14 2018 Saturday ,06 October
Saudi Aramco IPO to go ahead by early 2021GMT 19:01 2018 Thursday ,04 October
LEAD S. Korean firms offer aid for quake-hit IndonesiaMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor