Latest news with #SavolaEgypt
Zawya
14-03-2025
- Business
- Zawya
Savola Egypt opens new headquarters in New Cairo
Savola Egypt, a subsidiary of the leading Saudi Savola Group, has officially inaugurated its new headquarters in New Cairo's Fifth Settlement, as per an emailed press release. The event was attended by Sameh Hassan, CEO of Savola Foods Company, Karim Baraka, General Manager of Savola Egypt, Mahmoud Fouda, General Manager of Sugar Sector Egypt, and Adeeb Ibrahim, Chief Human Capital Officer of Savola Foods Company, along with the company's representatives. On this occasion, Baraka commented: "This new headquarters represents a significant milestone, reflecting our comprehensive vision and placing our employees at the core of our mission.' 'Our continuous efforts have been recognized with the prestigious title of 'Top Employer' for 2025, reflecting our unwavering commitment to fostering an outstanding and motivating work environment," he added. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
Zawya
10-03-2025
- Business
- Zawya
Saudi Savola Group reinforces business in Egypt via new HQ
Riyadh – Savola Egypt, a subsidiary of Savola Group, has officially inaugurated its new headquarters (HQ) in New Cairo's Fifth Settlement. The inauguration aligns with the Saudi group's objectives to strengthen its position in Egypt, according to a press release. Karim Baraka, General Manager of Savola Egypt, stated: "This new headquarters represents a significant milestone, reflecting our comprehensive vision and placing our employees at the core of our mission.' Savola Egypt has more than 3,500 employees, recording an employee retention rate of 98%. In the nine-month period that ended on 30 September 2024, the Saudi group recorded 1.04% year-on-year (YoY) lower net profits at SAR 665.12 million, compared to SAR 672.13 million. Source: Mubasher All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. ( Mubasher
Zawya
09-03-2025
- Business
- Zawya
Savola Egypt strengthens its leadership with the inauguration of its new headquarters
Baraka: 'This new headquarters represents a significant milestone, reflecting our comprehensive vision and placing our employees at the core of our mission. This commitment has been recognized with the prestigious 'Top Employer' title for 2025.' Savola's dedication to professional development, with 27,000 training hours delivered in 2024, among other factors, has increased employee engagement and satisfaction rates to over 84%, exceeding the global benchmark of 80%. Cairo – Savola Egypt, a subsidiary of the leading Saudi Savola Group, has officially inaugurated its new headquarters in New Cairo's Fifth Settlement. The event was attended by Mr. Sameh Hassan, CEO of Savola Foods Company; Mr. Karim Baraka, General Manager of Savola Egypt; Mr. Mahmoud Fouda, General Manager of Sugar Sector Egypt; and Mr. Adeeb Ibrahim, Chief Human Capital Officer of Savola Foods Company, along with the company's representatives. On this occasion, Mr. Karim Baraka, General Manager of Savola Egypt, stated: "For over 30 years, Savola Egypt has solidified its position as a leading player in the food industry while prioritizing human capital. This new headquarters represents a significant milestone, reflecting our comprehensive vision and placing our employees at the core of our mission. Our continuous efforts have been recognized with the prestigious title of 'Top Employer' for 2025, reflecting our unwavering commitment to fostering an outstanding and motivating work environment." Savola Egypt takes great pride in its workforce of over 3,500 employees, whom the company considers its brand ambassadors, representing its values wherever they go. In line with this, the company has achieved an exceptional employee retention rate of 98%, underscoring the organization's high levels of satisfaction, loyalty, and job stability. The company's dedication to professional development, evidenced by delivering 27,000 training hours in 2024, among other factors, has increased employee engagement and satisfaction rates. As a result, the engagement rate soared to over 84%, exceeding the global benchmark of 80%. Savola Egypt's corporate culture is deeply rooted in its commitment to empowering females as part of its diversity and inclusion strategy, with five professional females currently holding key leadership positions. Savola Egypt also takes pride in exporting Egyptian talent to the regional stage. The inauguration announcement coincided with Savola Egypt's annual town hall meeting, held at the historic Citadel of Egypt. During the meeting, Savola's management recognized the 2024 team's achievements and expressed sincere appreciation to its employees for their dedication and hard work, which were instrumental in driving the company's continued success. Savola's 2025 designation as a top employer is a testament to the Savola Group's focus on human capital. About Savola Foods: Savola Foods Company is a subsidiary of the Saudi Savola Group, known for its exceptional competence in managing a diverse range of high-quality food product brands, including edible oils, vegetable ghee, sugar, pasta, seafood, cooking fats, baked goods, and frozen vegetables. Savola Foods owns a collection of renowned brands in the Egyptian food market, earning the trust of millions of customers through branded love marks such as Rawaby and Ganna vegetable ghee, Afia and Helwa edible oils, Al Osra sugar, Italiano and El Maleka pasta.
