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Saudi food giant Almarai may buy a US$1.5bn stake in the UAE’s National Food Products Company (NFPC). (image:iStock.com)

Almarai in $1.5bn NFPC possible purchase

By Eliot Beer

Saudi food giant Almarai may buy a US$1.5bn stake in the UAE’s National Food Products Company (NFPC), as the Saudi firm ups its dividend payment and plans to boost its equity. 

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