Saudi food sector to grow
- Saudi Arabia: Sunday, November 16 - 2008 at 12:37
According to Business Monitor International's recently published Saudi Arabia Food & Drink Report for Q4, the country's food-processing sector is growing. In June 2008 local company Savola Group announced its plan to increase its world market share in cooking oil from 2% to 10% and Almarai announced it had recorded a 42.3% rise in Q2 net profits.
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