January
- Savola Group signed an MoU with Malaysia to enhance palm oil exports
MAY
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Through Savola World Foundation’s Ataa Program, Savola Group achieved more than 100 voluntary hours, with over 520 beneficiaries Kingdom-wide
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The Group shareholders elected the Board of Directors for the new office term that began on 1 July 2022 for a 3-year period
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SAR 106.8 million was distributed to the Savola Group shareholders for the year 2021
JUNE
- Savola Group was recognized as a “Great Place to Work”
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The Group was among the “Top 100 Companies in The Region” by Forbes
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Savola World Foundation signed an MoU to form a partnership with the National Transformation Program (NTP)
JULY
- Savola World Foundation launched the Yumnak program, which focuses on business development
AUGUST
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The UNDP in Egypt signed an MoU with Savola Foods Company aiming to advance Egypt’s Vision 2030 and achieve the Sustainable Development Goals (SDGs) in the areas of climate change adaptation and food security
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Savola Group signed an SPA to sell its entire stake of 11.5% in Knowledge Economic City to Taiba Investment Company at a value of SAR 459 million
SEPTEMBER
- Savola Group AGM approved the KEC divestment to Taiba Investment Company
NOVEMBER
- Savola Group achieved Golden status for the Mowaamah Certificate, which demonstrates its commitment to supporting people with disabilities
DECEMBER
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The Group completed the process of divestment of Savola’s stake in Knowledge Economic City for SAR 459 million, in line with the Group’s strategy to exit non-core investments
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Recognized by the Chartered Institute of Personnel and Development as an Employer of Choice
