Oman-listed Al Saffa Foods announced that Arab Authority for Agricultural Investment and Development has sold all its 39.9 million shares, representing 33.25% of the share capital of Al Saffa, to Zulal Investment Company, a 100% subsidiary of Hassad Food Company.
Financials for Al Saffa showed a rise by 6.19% in its profit to around OMR 5.354 million during the nine-month period ending September 30, 2014.