The arrangement is intended to cushion the country against potential shortages and ease pressure on consumers facing rising unga prices.
Mondelēz International terms this appointment as a strategic leadership change as it will reinforce its long term commitment to the Kingdom and support growth across retail and foodservice channels.
A strong delegation of U.S. industry representatives and USGBC members, including the Minnesota Corn Research and Promotion Council, The Andersons, CHS, TransGlobe, POET, Bunge, STONE X and CM Navigator were in attendance.
The branch offers a practical shopping experience focused on convenience and ease, combining fresh daily products and freshly baked goods with ready-to-eat and ready-to-cook options to support everyday needs.
The acquisition adds a 33.34 per cent stake from Gulf Japan Poultry Farm, a transaction that would substantially raise OFM’s holding in the food producer.