UAE's Agthia bullish on Saudi Arabia with further expansion planned, CEO says

Agthia, the food and beverage company based in Abu Dhabi, is bullish about growth in Saudi Arabia and aims to expand further in the Arab world’s largest economy.

SAUDI ARABIA

The company, which announced a greenfield investment of Dh90 million ($24.5m) to set up a new manufacturing unit in the kingdom earlier this year, is “looking for new opportunities” to further grow its business in the country, Alan Smith, chief executive of Agthia Group, told The National.

“Saudi Arabia continues to be a market of interest. That’s why we are investing in our new facility … we will continue to look for opportunities there,” Mr Smith said.

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