RIYADH: Kuwait’s Mezzan Foods Co. has denied it plans to increase prices in Saudi Arabia after its chief financial officer said there could be a 30 percent rise for some goods. The company issued the clarification after Nabil Ben Ayed said in a television interview that Mezzan was considering the hike for food products in order to beat high input costs. The manufacturer
Mezzan Holding names new chief financial officer
DUBAI, December 17, 2020 Mezzan Holding, one of the largest manufacturers and distributors of food, beverage, FMCG and healthcare products in the Gulf, has announced the appointment of Nabil Ben Ayed as the group s new chief financial officer. Ben Ayed brings with him more than 20 years of extensive experience in strategic financial planning, operations management and business development for multinational companies across Asia, Africa, Australia and the Middle East. He joined Mezzan in 2019 where he most recently served as group finance director. He has a strong track record of driving growth and executing measurable results with a specialization in IPOs, mergers and acquisitions, tax optimisation, business planning, ERP implementation and performance improvement.
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