Brazilian agribusiness exporters are expanding their markets in the Middle East, as poultry sales boom, Saudi rice imports ramp up, and live cattle exports to Egypt are set to resume.
Egypt has exceeded its domestic wheat-buying target, paying farmers for more than 4.3m tonnes, but plans to keep purchasing wheat until the end of the season as reformers look to the future.
US private equity firm TPG Capital may buy Spinneys Egypt for US$100m, as Gulf Capital announces the acquisition of GCC food distributor Multibrands to target the fast-growing Saudi F&B market.
After several years of hardship the Iranian soft drink sector is heading back towards stronger growth – but remains under threat from economic uncertainty, according to a Euromonitor report.
China, the United Arab Emirates and Australia are expected to be the fastest-growing vegan markets between 2015 and 2020, according to data from Euromonitor International’s newly launched ethical labels database.
Savola Group, Saudi Arabia’s biggest food producer, reported a 80.3% fall in first-quarter net profits, missing analysts’ forecasts and after an exceptional gain made a year ago.
Armed conflict and revolutions have halted and in some cases reverse progress made by Middle Eastern and North African countries in reaching the UN’s development goals.
Global colours major GNT Group has opened an affiliate office in Dubai to service GCC countries which, the company says, are “becoming aware of the need for real colour solutions”.
Urban Cultivator has appointed Italian Food Masters as its sole distributor to supply its hydroponic gardening appliances to consumers and food service operators in the United Emirates.
Fajr Capital, a private equity investor in high-growth markets across the Middle East and Asia, has completed its acquisition of Cravia Group, one of the fastest-growing food and beverage platforms in the Middle East.
At the crossroads of east and west, Turkey offers huge promise but given the current political and economic situation, there are also challenges. FoodNavigator spoke to both Turkish and global companies at Food Ingredients in Istanbul this month to get...
Despite hopes from Iranian meat exporters that they could increase supplies to the Commonwealth of Independent States (CIS), deliveries to the region, including most of the post-Soviet Union area, are not yet happening.
Harmonisation of Turkish and EU food law make it an easy and attractive market for foreign companies, but on issues that affect public health - such as nutrient profiles, health claims, GM food and salt reduction - the country is forging its own path. FoodNavigator...
