Sunday, January 1, 2023
Almarai increases the prices of its Products form the beginning of the Year 2023
The Almarai Diary Company in Saudi Arabia revealed that, it raised the prices of a number of its products from the beginning of the new year 2023, due to the high costs of inputs, feed prices and the huge freight costs, and the company have to cover its costs. See Also : SFDA recommends 4 foods for strong bones
This came from Almarai company on its official Twitter handle, after an inquiry about the high prices of the company's products, adding that, Yes the costs of the production inputs, feed prices and shipping costs have witnessed a huge increase during the last period.
- This is the fact that made the company necessary to adjust the prices of a small number of dairy products to cover the part of the costs of these hikes. Recommend : Saudi Arabia is producing 101,000 tons of Grapes annually
- Last year, in December, Almarai company announced an investment of 1.2 billion riyals in Sakaka governorate in Al Jouf region, with the goal of developing poultry brood stock production facilities.
- The Chairman of the Board of Directors of the Almarai company, Prince Nayef bin Sultan bin Muhammad bin Saud Al-Kabeer said that, "The care the Saudi government gives to the private sector has directly contributed to achieving the goals of the Saudi Vision 2030 to enhance food security in the Kingdom".
- He continued stating, the investments include developing poultry production facilities, with the aim of enhancing vertical integration of poultry supplies, and will provide 720 new job opportunities. See Also : A nutrition expert warns of these foods, due to its hidden sugar
- Earlier this, Almarai had launched a similar investment in the Hail region, at a value of 4.5 billion riyals to expand its poultry production and to distribute the company's contributions to economic development in various regions of Saudi Arabia.
