Almarai

The Almarai plant at Al Kharj.

Almarai gets $100m EBRD loan

By Jim Cornall

The European Bank for Reconstruction and Development (EBRD) has given a $100m loan to Saudi Arabian dairy company Almarai.

Nestlé’s portfolio is the most valuable globally, with a combined brand value of $70.5bn, up 11% on the previous year. Pic: ©Getty Images/bluebay2014

Top 10 dairy brands: Yili closes gap on Danone

By Jim Cornall

The latest Brand Finance Food & Drink 2019 report shows that, again, Switzerland’s Nestlé tops the food ranking, although its brand value increased by just 1% year on year to $19.6bn.

Beyti is 52% owned by Saudia Arabian dairy firm Almarai Company, and 48% by PepsiCo Inc. Pic: ©Getty Images/MidoSemsem

EBRD supports Egypt’s Beyti with $44m loan

By Jim Cornall

The European Bank for Reconstruction and Development (EBRD) is providing Egyptian dairy and juice producer, the International Company for Agricultural Industries Projects, S.A.E (Beyti), with a $44m loan.