Almarai completes Premier Foods acquisition
Insight Weekly: Loan delinquencies up; US money supply falls; coal employment grows
Insight Weekly: Loan-to-deposit ratio rises; inventory turnovers ebb; miners add female leaders
Debt Ceiling Debate: IR Teams Should Prepare for Potential Market Downturns
Insight Weekly: Sustainable bonds face hurdles; bad loans among landlords; AI investments up
Saudi Arabian processed-foods maker Almarai Co. on May 27 completed its previously announced purchase of a 100% stake in Premier Foods LLC from Alamar Foods CJSC for 108 million Saudi riyals.
Premier Foods produces value-added halal meat and poultry products for the Middle Eastern market.
As of May 26, US$1 was equivalent to 3.75 Saudi riyals.
