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Coca-Cola Middle East FMCG Sector Deal

The recent formation of two beverage companies in Saudi Arabia, Aujan Coca-Cola Beverages Company and Rani Refreshments, seals the largest ever investment made by a multinational firm in the Middle...

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Saudi Pumps Life Into Nacala Refinery

Saudi Arabia's Radyolla Group is showing interest for the long-stalled Nacala oil refinery in Mozambique. The initial project, buried in the ravels of the financial crisis in 2008, is now growing...

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Bahri’s Net Profit Up 75.1% In 2012

The National Shipping Company of Saudi Arabia (Bahri) registered a 75.1% year-on-year (y-o-y) increase in net profit to SAR504mn (US$134.37mn) in 2012, compared with SAR287.8mn (US$76.73mn) in 2011.

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