Sawani (company)
 | |
Native name | سواني |
|---|---|
| ISIN | 🆔 |
| Industry | Camel Dairy |
| Founded 📆 | 20 July 2023[1] |
| Founder 👔 | Public Investment Fund |
| Headquarters 🏙️ | , , |
Area served 🗺️ | |
Key people |
|
| Owner | Public Investment Fund |
| Members | |
Number of employees | |
| Subsidiaries | Noug |
| 🌐 Website | sawani |
| 📇 Address | |
| 📞 telephone | |
Sawani (Arabic: سواني) is a camel dairy company based in Riyadh, Saudi Arabia. The company was founded in January 2023 by the Public Investment Fund as part of Saudi Vision 2030. Sawani is the parent company of Noug, a company specializing in camel dairy products.[2]
History[edit]
Sawani was officially launched by the Public Investment Fund on January 20, 2023 as part of Saudi Vision 2030 plan to diversify the Saudi Economy away from oil.[4]
In September 2023, Sawani's subsidiary "Noug" launched its first camel dairy product branch in Riyadh.[5]
In December 2023, Noug signed a MoU with Al Balad Development Company to provide its product to the visitors of the UNESCO World Heritage Site, Al-Balad.[6]
See also[edit]
Other articles of the topic Saudi Arabia : WWE Crown Jewel, History of Saudi Arabia, Kaaba
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References[edit]
- ↑ "PIF sets up company to support Saudi camel dairy industry". The National News. 2023-07-20. Retrieved 2024-03-19.
- ↑ "Saudi Arabia's PIF launches Sawani to target camel milk industry growth". Arabian Business. 2023-07-20. Retrieved 2023-03-19.
- ↑ "Dates, Coffee and Camels—Saudi Arabia's Sovereign-Wealth Fund Bets Big at Home". WSJ. 2023-08-09. Retrieved 2023-03-19.
- ↑ "Public Investment Fund launches new firm to unlock potential of Saudi Arabia's camel dairy industry". Arab News. 2023-07-20. Retrieved 2024-03-19.
- ↑ Al-Mutairi, Dhai (2023-09-23). "Noug, Kingdom's first camel milk brand, opens Riyadh store". Arab News. Retrieved 2024-03-19.
- ↑ "Al Balad Development Company and Sawani Company sign an MoU to supply "Noug" camel milk at Al Balad". Zawya. 2023-12-10. Retrieved 2024-03-19.
External links[edit]
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