Saudi Arabian dairy and food producer Almarai Co’s board has approved a 15.7-billion riyal ($4.2 billion), five-year investment plan that will draw on finance from bank loans and Islamic bonds, it said on Tuesday.
The money will replace the company’s existing investment base and fund expansion between 2013 to 2017 of its operations in farming, manufacturing, distribution and logistics, Almarai said in a bourse statement………………………………………..Full Article: Source