Saudi food conglomerate Almarai has reported a drop of 11.9% in second-quarter profits this year to SAR 582.5 million (US$155 million) compared to the corresponding quarter in 2018, attributing this to the performance drop in its dairy and juice category.
Middle East and North Africa (MENA)-based F&B start-ups received US$20 million in funding, and clinched 8% of deals in H1 2019, amidst findings that investor interest in the region’s food and beverage sector is on the rise.
An intake of more than 0.5 servings per week of sugar-sweetened beverages (SSBs) may potentially increase the risk of metabolic syndrome in diabetic patients, according to a study from the Middle East.
Nestle is collaborating with blockchain provider OpenSC on a pilot for its New Zealand dairy operations that will create supply chain traceability from farm-to-fork, with a second phase set to focus on palm oil.
The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) has stressed the need for farms in the region to implement biosecurity requirements to prevent zoonotic diseases from entering the food chain.
Lebanon’s chocolatier Patchi, UAE’s Al Rawabi Dairy, and Saudi’s Almarai food conglomerate are the top three ‘most intimate’ consumer brands among UAE consumers, according to a survey by brand insights agency MBLM.