Latest food news & analysis in Middle East
Egypt has been in the M&A spotlight in recent weeks, with Arab Dairy and local snacks group Bisco Misr the subject of interest from internat...
A new president and a revised investor law for Egypt appears to be restoring business confidence. Last month three food and beverage giants...
United Biscuits has signed a deal to acquire a majority stake in Saudi snacks business Rana Confectionery Products. The deal, the UK snacks...
While Turkey is not seeing the same levels of growth as other developing markets like China and Brazil, retailers and manufacturers see pote...
The Middle East is often seen as a bit of a golden nugget for exporters, with 98% of its consumables coming from elsewhere in the world. But Sean Ramsden, CEO of UK wholesale exporter Ramsden International, says it's not always the easiest market in which to operate, with strict compliance legislation and a focus on driving down prices. Hannah Abdulla caught up with Ramsden on the sidelines of Gulfood where they exchanged notes on the challenges and advantages of being an exporter to the Middle East.
Choithram & Sons was set up in 1944 in Sierra Leone as a business funding schools and hospitals in west Africa and India. It soon established a presence in Europe, North America, and Africa, but nowhere more so than in the Gulf where Choithrams launched its first supermarket starting with the United Arab Emirates. The retail chain now has 31 supermarkets and has grown across the Gulf with a presence in Oman, Bahrain and Qatar. But, as Middle East residents become increasingly concerned with brand affiliation, and with the growing presence of international retailers like Carrefour, Spinneys and Waitrose, how does a homegrown brand maintain its relevance? Operations director Manoj Thanwani shares some tricks of the trade with Hannah Abdulla.
Nestle has confirmed plans to invest US$138m into Egypt in the next few years.
Saudi Arabian dairy firm Almarai has reported a jump in full-year profits.
The Savola Group has booked a mixed set of fourth-quarter numbers, with net profit hit by the lapping of one-time gains.
Lactalis' Egyptian subsidiary, Al Nour for Dairy Industries, has raised its offer rival Arab Dairy, topping a bid from local investment firm Pioneers Holding.
Kuwait Food Co.'s majority shareholder has said it is still looking at selling off its stake in the frozen food company.
The sale of Middle East frozen food maker, Kuwait Food Co. (Americana), is reportedly close to being put on hold, partly due to differences on price.
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