Commerce and Agriculture Ministers visit Almarai Pavilion
Almarai Company participated in the 2nd Saudi-Egyptian Business Opportunities Forum held in Cairo coinciding with the visit of the Custodian of the Two Holy Mosques to Egypt.
Organized by the Ministry of Commerce and Industry, and the Ministry of Agriculture, the forum focused on exploring the business opportunities between the two brotherly countries, fundamentals of agriculture and food industry investments, and bilateral cooperation in business, industrial and renewable energy projects.
Dr. Tawfiq Al-Rabea, the Saudi Minister of Commerce and Industry, Engineer Abdulrahman Al-Fadhli, the Saudi Minister of Agriculture, and Engineer Tareq Qabil, the Egyptian Minister of Commerce, visited Almarai Pavilion in the forum-synchronous exhibition, and were apprised of the Company’s business in Egypt.
Abdullah Nasser Al-Bader, Almarai’s General Manager, Bakeries Sector, and Mohammad Badran, CEO of Beyti Egypt (One of Almarai affiliate companies) made two presentations in a forum session on businesses of Almarai, and its investments in Egypt.
It is worth mentioning that Almarai is a corporate with huge successful investments outside Saudi Arabia. Almarai recently acquired extensive experience by managing several affiliate companies abroad. A case in point, is Beyti in Egypt, which works under the International Dairy and Juice Limited Company (IDJ), a joint venture between Almarai and PepsiCo. In 2014, Beyti declared injection of LE 4bn in the market to boost manufacturing capacity by establishing new juice factory and two dairy farms.
Almarai, also, owns several trademarks with products placed on the markets, namely “Almarai” fresh milk, dairy products and juices, “L’usine” bakeries, “Elyoum” pultry, and “Nuralac” infant formula, in addition to the partnership with the Greek Company “Chipita” in the 7Days” trademark.