-
Investors Relations
- Corporate Governance
- Corporate Presentations
- LIBOR Transition
- Compliance and AML
- Sustainability
- Financial Information
- Events Calendar
- Shareholders Toolkit
- FAQs
- Investors’ Queries
-
-
Accounts
- Al Hayrat Account
- Current Account
- Fixed Deposits Account
- Money Maker Account
- Salary Transfer Account
- Starmaker Account
- Super Saver Account
Al Wajaha
- Overview
BBK Lite
- Overview
NRI
- NRI Services
Debit Cards
- Classic
- Gold
- Signature
- Infinite
Self-service Banking
- ATM
- Cash Deposit Machines
- Interactive Teller Machines
- Bank Certificates Issuance Machines
- Debit Card Issuance Machines
Foreign Exchange
- Remittance
- American Express
-
Insurance
- Home Secura
- Motor Secura
- Travel Secura
Investment
- Bonds
- IPO
- Mutual Funds
- Real Estate Investment
-
Branches and Self-Service
- Branches
- Smart ATMs
- Cash Deposit Machines
- Debit Card Issuance Machines
- Corporate Deposit Machines
- Interactive Teller Machines
- Bank Certificates Issuance Machines
Contactless Payments
- Apple Pay
- Samsung Wallet
- Garmin Pay
- Fitbit Pay
More Ways to Bank
- eStatements
- BBK BanKey
- Corporate Deposit Card
- Debit Card
-
Help & Support
- Customer Care
- Complaints and feedback
- Download Center
Fraud and security
- How BBK Protects You
- How To Protect Yourself
- Personal Data Privacy
- Report An Incident
- Types of Fraud
Fees and charges
- FAQs
- ePIN Online Generation
- IBAN Generator
-
-
-
Working Capital Finance
- Overdraft
- Cheque discounting
- Short Term Loans
Long Term Finance
- Project Finance
- Assets Finance
- Real estate Finance
-
Corporate Banking
- Government Affairs
- Real Estate, Services and Trading
- Contracting, Building Material, and Manufacturing
International Banking
- Overview
- Services
- NRI
- Offshore Branches
- Representative offices
Enterprise Banking
- Overview
-
Help & Support
- Customer Care
- Complaints and feedback
- Download Center
Fraud and security
- How BBK Protects You
- How To Protect Yourself
- Personal Data Privacy
- Report An Incident
- Types of Fraud
Fees and charges
- FAQs
- ePIN Online Generation
- IBAN Generator
-
-
-
FINANCIAL NEWS
Saudi Arabia’s Almarai creates JV with US firm
31 Mar 2010
(MENAFN) The Chief Executive Officer at Mead Johnson Nutrition Co. said that the company will partner with Saudi Arabia’s Almarai Co to make baby food products in the Gulf region, Arab News reported.
The joint venture, which will be held 50 percent by Almarai, will draw on the two partners’ complementary brands and capabilities, Almarai, the Gulf’s largest dairy company by market value, said in a bourse statement, adding that the joint venture is expected to start production in 2011, the statement said.
‘The JV will benefit from Mead Johnson’s product knowledge, while Almarai can easily bring to the table its local market understanding, its dairy supply, and to a certain extent, its distribution network capabilities, according to analysts.
Almarai, which has been diversifying its sources of revenue through acquisitions, recently acquired two companies in the Middle East and is looking at more opportunities in Egypt, after spending $115 million last year to buy an Egyptian dairy firm.
More News
16 Mar 2023
BBK partners with Four Seasons Private Residences Bahrain Bay to offer ownership financing for 112 waterfront homes.
01 Mar 2023
You could be the next lucky winner.. BBK: BD 1.9 million prizes from Al Hayrat this year
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more