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Almarai to buy Egyptian dairy

  • Saudi Arabia: Sunday, August 17 - 2008 at 09:20

Saudi Arabia's Almarai said it has signed an initial agreement to buy Egyptian dairy and juice manufacturer, International Company for Agricultural Industrialisation Projects, Reuters has reported. Almarai has been diversifying revenue sources, and plans to boost investment budget to SR6bn for five years to 2013.

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