Saudi Tanmiah Opens New Primary Processing Plant, Automated Feed Mill
Tanmiah Food Company, one of the Kingdom’s leading vertically integrated poultry and food producers, has launched two new facilities in the central region of Saudi Arabia: a state-of-the-art poultry processing plant in Al Majmaa (Majmaa 2) and a cutting-edge feed mill in Dahna.
These additions complement Tanmiah’s existing network of hatcheries, feed mills, and processing plants, reinforcing Tanmiah’s commitment to advancing food security, enhancing operational efficiency, and supporting local communities with job creation and sustainable development initiatives.
The official inauguration ceremony was held at the Ministry of Environment, Water and Agriculture (MEWA) in Riyadh, in the presence of Eng Abdulrahman Abdulmohsen AlFadley, Minister of Environment, Water and Agriculture, along with dignitaries and guests, and was attended by Amr Al-Dabbagh, Chairman of Tanmiah, Zulfiqar Hamadani, Group CEO, and a number of Tanmiah’s Board Members and senior executives.
Global halal healthy protein company
In pursuit of its vision to become the number one global halal sustainable healthy protein company by 2030, over the past two years, Tanmiah has invested over SAR1.5 billion within the Kingdom, while also facilitating more than SAR400 million in foreign direct investment into the agri-food sector, with the aim of increasing the pace of private investments in this sector through 2030, the company said.
These efforts have strengthened Saudi Arabia’s role as a regional powerhouse in food production and a vibrant hub for innovation, research, and product development across the industry, it said.
The new facilities represent a strategic investment in Saudi Arabia’s agri-food sector, enabling Tanmiah to optimise production and deliver higher-quality products at scale. With Saudi Arabia’s poultry projected to grow from US$5.13 billion in 2025 to nearly US$6.91 billion by 2030, Tanmiah’s capacity expansion is set to play a vital role in meeting rising demand and enabling Vision 2030’s food security objectives.
Integrating the latest technology
Majmaa 2 is one of Tanmiah’s most advanced sites. Built to international standards, it integrates the latest technology to optimize manufacturing and features advanced processing lines capable of handling large birds – a first of its kind in the Kingdom. It is equipped with a biological wastewater treatment system with a capacity of more than 6,000 cubic meters per day, recycling treated water for Tanmiah’s tree plantations. Quality systems and plans are in place to power the site with renewable energy solutions, including solar panels. Majmaa 2 reinforces Tanmiah’s competitive edge and strengthens partnerships with leading global QSR brands, including McDonald’s Saudi Arabia.
The facility also features a dedicated product innovation section, where several of Tanmiah’s award-winning, value-added products will be produced. This includes the Taste Secrets line, which recently earned the prestigious 3-Star Superior Taste Award 2025 from the International Taste Institute in Brussels, Belgium.
Beyond its operational capacity, Majmaa 2 will be complemented by a large-scale tree plantation programme targeting 150,000 trees in the surrounding area. These will be added to the existing more than 500,000 trees as part of Tanmiah’s “One Million Trees” initiative, which is expected to eliminate 243,000 metric tons of CO2 emissions on a cumulative basis. The initiative will also recycle three billion liters of wastewater and repurpose nearly half a billion kilograms of solid waste annually.
Climate resilience initiatives
This project is part of a broader series of long-term climate resilience initiatives led by Tanmiah, which recently received a BBB rating on the MSCI ESG Index, an improvement from last year’s BB rating, reflecting the company’s commitment to environmental responsibility.
In parallel, the Dahna Feed Mill further reinforces Tanmiah’s integrated business model by supporting its poultry operations with premium-quality feed. Currently in the production trial phase, the mill has a capacity of 40 metric tons per hour and is strategically located near Tanmiah’s core farming areas, optimising logistical and operational efficiency.
Equipped with a fully automated production line, the facility incorporates strict quality controls and advanced biosecurity measures, ensuring the highest standards of feed production. It is designed to deliver high-quality feed tailored to Tanmiah’s operational ramp-up while aligning with the Company’s sustainability model, with solar integration currently under evaluation.
Together, the new facilities give Tanmiah the ability to optimise production efficiencies across its network, channeling resources into higher-margin operations and driving overall profitability. They also pave the way for improved product innovation, enhanced value-added offerings, and better services for local communities.
Building stronger, more secure food ecosystem
Al-Dabbagh said: “By investing in advanced infrastructure, technology, and sustainable practices, Tanmiah is not only scaling its operations but also helping to build a stronger, more secure food ecosystem for the Kingdom, while also driving the transformation of the Saudi poultry industry into a global benchmark for excellence and innovation. We are proud to contribute to the journey of Vision 2030 through initiatives that empower local communities, safeguard our environment, and foster a healthier, more self-reliant future for Saudi Arabia.”
Hamadani said: “The inauguration of Tanmiah’s new primary processing facility represents a significant milestone for both our company and the Kingdom. Designed as the largest and most advanced plant of its kind in the region, it demonstrates our commitment to deploying world-class technologies that elevate product quality, enhance consumer value, and reinforce national food security. As the only approved supplier of locally produced poultry to major international quick service restaurants, this investment will expand our capabilities, create skilled employment, and advance our sustainability agenda. We extend our sincere appreciation to the government for its continued support toward Vision 2030.”
02/10/2025
Oil Rebounds from 16-Week Lows
Oil prices rose on Thursday, snapping a three-day losing streak and rebounding from 16-week lows. Brent Crude futures gained 15 cents, or 0.2%, to US$65.50 a barrel. US West Texas Intermediate crude climbed by 14 cents, or 0.2%, to US$61.92 a barrel.
On Wednesday, Brent and WTI both lost about 1%, with Brent closing at its lowest since June 5 and for WTI since May 30. Crude inventories rose by 1.8 million barrels to 416.5 million barrels in the week ended on September 26.
02/10/2025
Oman's OQ Listing in MSX Boosts Investor Confidence
OQ's Capital Markets Day, which coincided with the MEIRA Annual Conference, reaffirmed Oman's growing relevance in the regional capital markets domain. MEIRA 2025 attracted more than 900 participants and 100 institutional investors, with OQ standing at the forefront of the discussions on transparency, governance and sustainable growth. Its listed subsidiaries on the Muscat Stock Exchange have a combined market capitalisation of more than RO 4 billion (~US$10.4 billion), with dividends amounting to RO 212 million (~US$551.4 million) distributed year-to-date. Presenting a consolidated investment narrative through its listed subsidiaries, OQ underscored the resilience of Oman's energy sector as a sound platform for financial transformation, reaffirming itself as an engine for economic diversification and sustainable growth. OQ Chief Portfolio Officer Azzan al Abdullatif stressed the importance of the occasion saying, "For the first time in the Sultanate of Oman, OQ has hosted a Capital Markets Day for its Muscat Stock Exchange-listed companies. The landmark event was conducted in tandem with the Middle East Investor Relations Association (MEIRA) Conference, demonstrating OQ's push towards increased engagement with the investment community"
Al Abdullatif continued, "The initiative aims to enhance relations with investors by providing them with timely information and updates on the performance and prospects of OQ's listed companies — matters that directly affect the value of shares and future growth. We in OQ affirm that its priority is to build closer relationships with investors, increase transparency and encourage greater communication with the market". Eng Mansoor bin Ali al Abdali, OQ Gas Networks CEO stated, "OQ Capital Markets Day was actively attended, where the company showcased its latest financial and operational performance. The session stirred extensive interest from investors, particularly from outside the Sultanate of Oman, a testament to the forum's success in showcasing the strength and potential of local corporations. The initiative will contribute to further developing and expanding Oman's capital market".
OQ subsidiaries underscored respective strengths: OQ Exploration & Production reaffirmed its shareholders' returns through dividends and share buy-backs; OQ Gas Networks focused on regulated model and predictable cash flows; OQ Base Industries focused on financial discipline and growth agenda; Abraj Energy Services demonstrated operational expertise; and Musandam Power Company reaffirmed its stable dividend track record. The forum builds on four IPOs launched over the past two years, which collectively reshaped Oman's capital markets, attracted sustained international investment, and added over 6 billion shares to trading volumes. Supported by accredited market makers, the offerings improved transparency, liquidity and confidence. A high-level panel discussion, "Developing Oman's Stock Exchange: How the Energy Sector Can Help Attract Investors", brought together leading regulators and decision makers to explore the sector's role in boosting investor participation. OQ Group CEO, Ashraf Hamed al Maamari, said of the event: "By hosting Capital Markets Day in parallel with MEIRA 2025, we reaffirm our commitment to open, data-driven communication with the investor community and to promoting wider market participation".
02/10/2025