ALMARAI COMPANY SAUDI ARABIA CAREERS AND LATEST JOBS 2022|| JOB OPENING IN ALMARAI SAUDI ARABIA||ALMARAI JOBS| ALMARAI COMPANY VACANCIES
ALMARAI CAREERS:- Almarai company, the largest dairy company in Saudi Arabia by market value hiring staff in 2022. It,s direct and free recruitment. More details are given below.
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|Job Type||Gulf Jobs|
About Almarai Company
Almarai Company is a Saudi multinational dairy company that is listed on the Tadawul stock exchange. It specializes in food and beverage manufacturing and distribution. The company’s main offices are located in Riyadh, Saudi Arabia.
Almarai started its operations in 1977 by Irish brothers Alastair McGuckian and Paddy McGuckian and Prince Sultan bin Mohammed bin Saud Al Kabeer. During the early years of the company’s history, there was little infrastructure for the production and sale of milk in the Kingdom of Saudi Arabia. Prince Sultan recognized that the area and the wider Middle East could benefit from higher quality milk production and logistics. Almarai then set up a number of facilities in regions across Saudi Arabia, which initially helped local farmers produce and distribute milk.
During the early 1990s, Almarai entered a period of restructuring and reinvestment that took it from a decentralized to a centralized structure. Five decentralized processing plants were replaced with a central processing plant. Ten small dairy farms that were scattered across Saudi Arabia were replaced with four large dairy farms in Al Kharj in the central region. Almarai Head Office in Riyadh, Saudi Arabia.
Savola owns a quarter of its shares and the rest has been on the market since 2006. In 2005, Almarai entered a new phase, transforming from a company with limited liability to a joint-stock company. The move was part of the company’s IPO, as they floated 30% of the company shares on the Saudi Arabian stock market, the Tadawul. All shareholders, including The Savola Group, diluted their shares for the IPO to take place. However exact figures were never revealed how the 30% of shares were divided.
Latest Vacancies in Almarai Saudi Arabia
In 2006, Almarai began to diversify its portfolio by pushing promotions on other dairy products and not just milk. It held a cheddar cheese product promotion throughout the Middle East to try and increase the number of households that bought the cheese on a regular basis. At the beginning of 2007, Almarai signed a memorandum of understanding with the authorized partners in Western Bakeries Company Limited, to acquire up to 100% ownership of these companies. And then raise the capital of the company to (1.090) million Saudi riyals. The current capital is SR 8 billion.
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How To Apply
Interested and eligible candidates can apply online by using the above link.
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