Under the patronage of H.E. Bandar bin Ibrahim Al-Khorayef, Minister of Industry and Mineral Resources and Chairman of the Board of Directors of the Saudi Export Development Authority, and reaffirming its leading role in promoting the export of national products to international markets, Almarai, the world's largest vertically integrated dairy company and the largest producer and distributor of food and beverages in the Middle East, has signed a Memorandum of Understanding (MoU) with 30 Exports, one of the export houses licensed by the Saudi Export Development Authority.
The MoU aims to enhance Almarai’s growing role in contributing to the goals of Saudi Vision 2030 by increasing non-oil exports and diversifying the national economy's income sources through the expansion of its high-quality national products into international markets. The MoU was signed by Almarai's CEO, Abdullah bin Nasser Al-Bader, and 30 Exports' General Manager, Dr. Ali Al-Maliki.
Almarai's CEO, Abdullah bin Nasser Al-Bader, stated, "The signing of this MoU reflects our ongoing commitment to contributing to the achievement of Saudi Vision 2030 by increasing our national exports and diversifying the national economy's income sources. Currently, Almarai exports more than 27% of its annual production to over 20 countries worldwide. We support working with 30 Exports to enhance our strategic expansion in international markets and believe that this collaboration will open new horizons for the growth of our exports and achieve future successes."
Dr. Ali Al-Maliki, General Manager of 30 Exports, commented, "We are pleased to sign this MoU with a leading company like Almarai, which plays a significant role in the presence of national products in international markets. This collaboration represents an important step towards enhancing and supporting national exports to foreign markets."