Savola Group of Saudi Arabia has bought out the Emirati snack maker Bayara Holding for $260 million.
The transaction, paid in cash according to a stock exchange filing, was part of a five-year strategy to expand Savola’s regional operations.
Bayara is a major manufacturer and distributor of branded snacks in the UAE and the Kingdom.
By signing up you agree to our Terms of Use and Privacy Policy
Abu Dhabi, UAE — Researchers at NYU Abu Dhabi (NYUAD) have developed an ingestible device that uses light to activate neurons in the gut. This new technology, called ICOPS (Ingestible…
Dubai, UAE — TRENDS’ yearly Special Issue is out. This year’s edition, titled Future of Humanity, explores key global shifts and brings together expert insights on old and new forces…
Some world leaders like Turkey's President Erdogan use the term genocide to describe Israeli actions in Gaza. Israel has also been accused of war crimes by rights organizations.
Improved farming techniques, better desalination technologies, awareness campaigns and global cooperation can mitigate the regions problems caused by water scarcity.
