| 18.10.2011 - Almarai may tap Islamic bond market to finance expansion |
| Almarai Co., Saudi Arabia’s largest food producer by market value, may set up its first Islamic bond program by early 2012 as it seeks financing for expansion. The riyal-denominated sukuk would be available only to the local market and would help finance an “ambitious capital expenditure development plan and working capital needs,” Chief Financial Officer Paul-Louis Gay said.............................................Full Article: Source |