Almarai Approves Plans to Enter the Seafood Category
The company in this new sector will expand Almarai’s product offering and contribute to the food security plan.
(SAUDI ARABIA, 6/20/2022)
The Board of Directors of Almarai Company, at its meeting held on Monday, June 13, 2022, approved an investment plan to enter the seafood Category, with an initial investment of 252 million riyals (USD 67,160,000). At the same meeting, the Board approved an investment of 153 million Saudi riyals (USD 40,800,000) to secure parent poultry birds supply for Almarai and the Kingdom of Saudi Arabia market.