Saudi Arabia

Ülker eyes leadership in Egypt’s biscuit market as it plans regional expansion. CEO Mehmet Tutuncu pictured. Photo: Ülker

Ülker plots geographic expansion with new parent pladis

By Oliver Nieburg

Turkish confectioner Ülker is aiming to become the leader in Egypt’s biscuit market and hopes to expand in the Middle East & North Africa, Central Asia, Russia and China through recent acquisitions.

Mars spends $140m on GCC factories expansion

Mars spends $140m on GCC factories expansion

By Eliot Beer

Chocolate maker Mars has invested a total of US$140m in new manufacturing facilities in Saudi Arabia and the UAE to increase production of its Galaxy and Snickers lines.