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.
G.Willi-Food has reported a 41% fall in net profit for the year as a result of falling food consumption across Israel.
UAE-based Al Ain Dairy has announced the launch of two new camel milk products to its range.
Strauss Group booked mixed full-year numbers today (23 March), as lower finance costs offset lower operating profit.
Saudi food group Savola has said it will miss its previously stated profit forecast for the end of the first quarter by about 50%.
US snack giant PepsiCo is reportedly planning to invest US$500m in Egypt this year to expand production in the country.
Egyptian snack maker Edita Food Industries emphasised its growth potential in a bid to court investors as it announced the pricing for a public offering of up to 30% of the company in a combined offering in Cairo and London.
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