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In 2005, Almarai entered a new phase, transformed from a company with limited liability to a joint-stock company. The move was part of the company's IPO, as they floated 30% of the company shares on the Saudi Arabian stock market, the Tadawul. All shareholders, including The Savola Group, diluted their shares for the IPO to take place. However ...
Nayef bin Sultan Al Kabeer (born 29 January 1975) is a Saudi businessman who has been the chairman of the board of directors of Almarai Company since March 2020 when his father Sultan bin Mohammed resigned from the post. [1] Nayef bin Sultan is a member of the Al Kabeer cadet branch of the Saudi royal family.
Mohammed bin Saud Al Kabeer, father of Prince Sultan. Prince Sultan belongs to the Al Kabeer branch of the Saudi royal family. [2] This branch is the descendants of Saud bin Faisal bin Turki, Emir of Nejd, who was an uncle of King Abdulaziz, the founder of the present Kingdom of Saudi Arabia.
Image library companies (NYSE: GETY) and Shutterstock (NYSE: SSTK) are merging, sending shares of both companies soaring in morning trading Tuesday. As of 10:15 a.m. ET, Getty stock is up a solid ...
Image source: Getty Images. Warren Buffett's $334 billion warning to Berkshire stock investors. Berkshire amended its share prepurchase program in the third quarter of 2018, such that Warren ...
Bibas' sons, Ariel and Kfir, were 4 years old and 9 months old, respectively, when they were taken. Kfir was the youngest of the Oct. 7 captives.
Portillo’s shareholders do not need to take any action at this time. Advisors BofA Securities is serving as financial advisor, and Sidley Austin LLP is serving as legal counsel to Portillo’s. About Portillo’s In 1963, Dick Portillo invested $1,100 into a small trailer to open the first Portillo’s hot dog stand in Villa Park, IL, which ...
The National Agricultural Development Company (Nadec) was established by Royal Decree in 1981 in order to lessen Saudi Arabia's dependence on agricultural imports, since then it went through successive rapid development phases placing the now Nadec Group as one of the largest agri-food company in the Middle East/Africa region and the world.