Al Ahram Beverages Company (ABC) has said it has signed a distribution agreement with the Saudi Dairy & Foodstuff Company (Sadafco) to sell beverages in the Gulf.

A statement said ABC would sell its flavoured and unflavoured malt beverages throughout Saudi Arabia, Kuwait, Bahrain and Qatar.

'This comprehensive agreement, which supplants ABC's previous agreements with individual distributors in each country, is a significant boost to ABC's export business,'' it said. 'The scale offered by Sadafco will give ABC a much stronger presence in the Gulf region, particularly in the critical Saudi market, which boasts the highest per capita consumption of flavoured and unflavoured malt beverages in the world at nearly three litres per person per year,'' the statement added.