RIYADH: Saudi-based dairy giant Almarai has re-elected Prince Naif bin Sultan bin Mohammed bin Saud Al-Kabeer as board chairman and Suliman Al Muhaideb as vice chairman.
The new term takes effect from Aug. 7 and will last for three years, according to a bourse filing.
Last month, the dairy giant announced strong results as it recorded an 8.4 percent increase in profit for the first half of 2022 to SR940 million ($250 million).