Middle East

Inside a vegetable factory

Japanese trio plan vegetable factory in Dubai

By RJ Whitehead

Japan’s Marubeni Corporation, Showa Denko K.K. and Chiyoda Corporation will jointly develop an overseas artificially-lit vegetable factory business with a base in the UAE that promises to harvest crops throughout the year.

© iStock

Egypt named one of ‘10 emerging markets of the future’

By Richard Whitehead

An influential new report has identified Egypt as one of the “10 emerging markets of the future” though its food industry is predicted to see a dramatic change in fortunes as part of an overall predicted slump in its primary industries over the next five...

Photo: iStock

Middle East drives hope for Brazil sweet producers

By Eliot Beer

The Middle East is a bright spot for Brazil’s confectionery industry as the only global market seeing growth, with Brazilian producers hoping to capitalise further on synergies with the region.  

Americana sale back on, NFPC sale off

Americana sale back on, NFPC sale off

By Eliot Beer

The sale of Americana finally went ahead this month, with Adeptio paying US$2.4bn, while NFPC abandoned its sale attempt, with potential buyers’ scepticism over expansion plans blamed. 

Mezzan buys into KSA’s Al Safi for $25m

Mezzan buys into KSA’s Al Safi for $25m

By Eliot Beer

Kuwaiti food conglomerate Mezzan Holding will buy into Saudi Arabia’s Al Safi Food for up to US$25m, while EIP, one of the buyers of Diamond Meat Processing, eyes further purchases.

Photo: iStock

Ethical labels worth $2bn in UAE market

By Eliot Beer

Sales of products with ethical labels of some sort reached more than US$2bn in the UAE last year, according to Euromonitor, with recycling and preservatives the main areas of focus.

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