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Pic: Fonterra

Fonterra reports interim results

By Jim Cornall

Fonterra Co-operative Group Limited has announced its 2022 interim results, which show the coop has delivered a half year profit after tax of NZ$364m (US$249m), a total group normalized EBIT of NZ$607m (US$416m), which is a drop of 11%, and a decision...

Al Rawabi will initially develop two square kilometers in KIZAD with an additional three square kilometers set aside for the future.  Pic: WAM/The Emirates News Agency

Al Rawabi to set up $177m dairy production facility in KIZAD

By Jim Cornall

KIZAD, part of AD Ports Group’s Economic Cities & Free Zones (EC&FZ) cluster, has announced the signing of a lease agreement with UAE dairy and juice producer Al Rawabi to establish a dairy production facility in Abu Dhabi designed to meet growing...

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