Almarai Enters Red Meat Market With $133 Million Investment
The investment marks Almarai's entry into the red meat market.
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04:39:21 AM UTC
SquawkNews
By Staff WriterSaudi dairy company Almarai has invested SAR 500 million ($133 million) to diversify its portfolio and expand into the red meat market.The firm confirmed on Tuesday the launch of its new beef brand Haboor, marking its entry into a new food segment and moving beyond its traditional fo…