JEDDAH, 14 April — Saudi Ajwa has recently signed a contract to buy 75 percent of the Egyptian Al-Arouba Company for Food Products which has an annual turnover of 400 million Egyptian pounds, Muwaffeq Musaad, director general of the Arouba said. The entry of the Ajwa will make a 100 percent increase in the production capacity of Al-Arouba in addition to considerable increase in the export to the European, Asian and African markets.
Saudi Ajwa takes over Egyptian firm



