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A partnership of U.S. agribusiness giant Archer Daniels Midland Co and Saudi foods group Almarai is among potential bidders for Saudi Grains Organisation's milling operations, the kingdom's sole ...

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Saudi Arabia Inches Closer to Privatizing Flour Milling Sector; Saudi Arabia Inches Closer to Privatizing Flour Milling Sector . A. A. Saudi Arabia Inches Closer to Privatizing Flour Milling Sector ... precedes the potential sale process. Saudi flour mills are an opportunity to invest in one of the largest flour markets in the Middle East and ...

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Saudi Arabia on Thursday kicked off the sale of its flour mills, one of the first privatisations of the kingdom and a litmus test for other large state asset sales to follow. Saudi's state grain ...

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HSBC Saudi Arabia is already acting as an adviser on the sale process for the kingdom's flour milling sector and the Saudi Stock Exchange's planned flotation. It also has an advisory role on the ...

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As Saudi Arabia prepares to privatise its public flour mills, the UAE's Al Ghurair may become a purchaser, while Agthia plans to enter the kingdom's wheat flour market. ... KSA to sell flour mills, UAE's Al Ghurair may buy ... Al Ghurair Group recently invested in the flour mill and food processing operations at Sohar Port in Oman.

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The plan was to form the Milling Company3 with the collection of Khamis Mushait, Al-Jawf, Al-Jumum, and Dammam2. ... At the beginning of 2017, the Milling Company3 commenced its operations as a separate entity operating on a commercial basis in preparation for privatization. Read More ... Kingdom of Saudi Arabia, Khamis …

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Saudi Arabia imported about 3.49 MMT of milling wheat in MY2014/15, an increase of 3 percent over imports in MY2013/14. Germany was the leading wheat supplier to Saudi Arabia, with 28.1 percent

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DUBAI, Jan 17 (Reuters) - The sale process for Saudi Arabia's flour milling sector will be announced during the second quarter of 2018, HSBC Saudi Arabia, which is advising on the process, said ...

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The bank added: "The milling companies represent a unique investment opportunity in the flour milling sector in Saudi Arabia, the largest economy in the Middle East.