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.
Strauss Group has reported a drop in its first-half profits despite posting a strong increase in sales of its international dips and spreads business.
Savola Group has confirmed once again it is one of the bidders for Al Kharafi Group's Kuwait Food Co., despite the takeover target claiming to have "no knowledge" of any talks with the Saudi business.
Turkish food group Ulker saw sales and profits rise in the first half of 2014.
Saudi Arabian food manufacturer Savola Group has confirmed it has started initial talks with the Kuwait Food Co., also known as Americana Group, to acquire a stake in the company.
Turkish meat producer Pinar Entegre Et ve Un Sanayii has denied speculation it is in talk with Bahraini private-equity firm Investcorp regarding a partnership or sale of its shares.
Saudia Arabia-based food company Savola Group, as well as a number of private-equity firms, are reported to be first-round bidders for Kuwait Food Co., the Kuwaiti food manufacturer and fast food chain operator.
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