Saudi dairy giant, Almarai, recorded a 12.5 percent increase in net profit to SR1.7 billion ($453 million) in 2022, compared to SR1.5 billion recorded the previous year, driven by bakery and dairy segments.  The Tadawul-listed firm…

Most dairy companies in Saudi Arabia have raised prices of their products, reaching up to 33 percent, effective from Sunday, Jan. 1. In a statement on its official Twitter account,…

Saudi citizens have launched a campaign calling for a boycott of dairy products and coffee shops in protest at a sharp increase in the price of goods. In May, the price…