Saudi Arabia
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First Mills Q2 2026 net profit rises 28% to US$17.6M
The company attributed the improved performance to its strategy of expanding higher-value product offerings, increasing operational efficiency, and strengthening its feed segment, which has become a key driver of growth.
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Arabian Mills reports US$22.6M in Q1FY2026 profits
The company reported a 33% year-on-year increase in net profit to SAR 84.89 million (US$22.6M), up from SAR 63.94 million in the same period last year.
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First Mills earns “Best Place to Work in Saudi Arabia 2026” recognition
The accolade highlights the company’s efforts to create an inspiring and motivating workplace that supports employee development and drives operational excellence across its milling and food ingredient operations.
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Olam Group completes US$1.88B stake sale in Olam Agri to SALIC
The deal raises SALIC’s ownership in Olam Agri to 80.01% and moves the business closer to full acquisition within three years.
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First Mills deploys AI across production facilities to transform milling operations
This deployment marks a pivotal shift in the industrial food sector as First Mills integrates the advanced Kelvingrove platform across all four of its major production facilities to optimize its supply chain and production cycles.