JEDDAH — Almarai has been awarded the Best in Class Treasury Solution in the Middle East for the year 2020 at Adam Smith Awards. The company applied outstanding solutions that demonstrate exceptional best practice and innovation in the corporate treasury arena.

Today Adam Smith Awards is universally recognized as the ultimate industry benchmark for corporate treasury achievement. Today the Treasury committee measures the quality of provided solutions and innovations towards various treasury challenges, and how these innovations drive the company to success and prosperity.

“This achievement is the result of a collective effort that confirms our commitment to achieving our organizational goals by maintaining the best standards in the field, and looking for new opportunities for development,” Abdullah Al-Otaibi, head of corporate communications and public relations at Almarai, said.

It is noteworthy that Almarai was named among The Middle East’s Top 100 Companies by Forbes for the year 2020, and it was ranked by Forbes among the most innovative international companies in 2017. Almarai is the largest vertically integrated dairy company in the world, and the largest food and beverages manufacturer and distributor in the Middle East. — SG