The deal strengthens Almarai’s footprint in Saudi Arabia’s bottled water market, pending regulatory approvals.
The acquisition strengthens ABD’s international presence, excluding select Asian territories, and expands its premium alco-bev portfolio.
Alcohol producers say new tax changes could fuel illicit trade, disrupt investment, and reduce competitiveness of local manufacturers.
East African Community seeks uniform tax regime on alcohol while reviewing controversial special tax exemptions and duty stays.
New report highlights Gen Z’s influence on beverage trends, rising demand for flavor variety, wellness benefits, and alcohol-free options.