Latest food news & analysis in Middle East
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.
Kellogg has confirmed it has pressed forward with a bid to acquire Egyptian snack maker Bisco Misr.
Egyptian snack maker Bisco Misr has favoured Kellogg over Abraaj for the takeover of its business, after the US cereal giant submitted an EGP908.5m bid to acquire the snack maker, it was revealed in a bourse filing today (20 November)
Private equity firms KKR and CVC Capital Partners have reportedly appointed HSBC and Goldman Sachs to advise them on a joint bid to acquire a majority stake in Kuwait Food Co (Americana).
French dairy group Lactalis has submitted a bid to buy Egypt's Arab Dairy Products.
The Egyptian Financial Supervisory Authority has cleared a bid from Abraaj Investment Management for the takeover of Bisco Misr.
Mondelez International is to add a production line at its confectionery plant in Gebze in Turkey.
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