Major Saudi Food Company Exits Iran After 20 Years

The Saudi Arabian group SAVOLA has sold all its assets in Iran for 705 million Saudi riyals (approximately $188 million) and is exiting the country. SAVOLA, the largest Saudi investor in Iran, had invested in the production of cooking oils, including the brands Ladan, Bahar, and Nastaran. SAVOLA Food Company in Iran, a subsidiary of … Continue reading Major Saudi Food Company Exits Iran After 20 Years