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10th October 2025
The Saudi Arabian government plans to implement an excise tax on sweetened beverages based on the sugar content of each drink beginning in 2026, replacing the current 50% flat-rate system, according to the state-run Saudi Press Agency.Tags: government, sugar tax, News excerpt
Countries: Saudi Arabia
20th November 2024
The Saudi Food and Nutrition Authority has launched an awareness campaign to highlight the risks of added sugars and encourage food manufacturers to cut the sugar content in their products, according to Food Business Africa.Tags: Health, reformulation, News excerpt
Countries: Saudi Arabia
29th December 2023
Sugar producer Cosumar has completed the sale of its entire stake of 43.275% in Saudi Arabian sugar company Durrah Advanced Development Company (Durrah) to Wilmar Sugar PTE for approximately US$65 million, the companies announced on Dec. 28, reports Sugaronline.Tags: Corporate, Finance, M&A
Countries: Saudi Arabia, Morocco