KSA to sell flour mills, UAE's Al Ghurair may buy

The privatization is one of the 12 key elements of Saudi Arabia's Vision 2030, which is focused on creating jobs and supporting economic development The flour mills have a combined daily milling capacity of 12,630 tonnes (wheat equivalent) and process 3.3 million tonnes of wheat annually.

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KSA to sell flour mills, UAE's Al Ghurair may buy

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2015/12/07· As Saudi Arabia prepares to privatise its public flour mills, the UAE's Al Ghurair may become a purchaser, while Agthia plans to enter the kingdom's wheat flour market. The Saudi government announced its plans to break up and sell the nine flour mills under the Grain Silos and Flour Mills Organisation – now known as the General …

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2018/06/28· DUBAI- Saudi Arabia on Thursday kicked off the sale of its flour mills, one of the first privatisations of the kingdom and a litmus test for other large state asset sales to follow. Saudi's state grain buyer SAGO said it would start accepting applications for qualification of potential interested investors on Aug. 26.

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