World Bank releases $36m in funds for FAO’s Yemen food-security mission
A World Bank grant has been set up to enhance food security in what the United Nations is calling the “worst humanitarian crisis in the world”.
Archives for October 4, 2017
GCC food sector is becoming increasingly attractive to Indian investors
Gulf food processing is among the key sectors ripe for investment as India continues to strengthen its historic economic ties with the GCC, according to a new report by Alpen Capital.
Saudi’s Savola seeks Sanabel Al-Salam acquisition and Egypt expansion
Savola Group is reportedly in talks with sweets and confectionery manufacturer Sanabel Al-Salam over a US$300m acquisition.
More than 100 companies now subscribe to UAE halal accreditation
The UAE’s halal accreditation authority has reported strong demand from international companies that want to use its certification.
A’Saffa gets financing to double poultry capacity in Oman’s south
Oman’s biggest poultry processor has secured long-term financing for a OMR45m (US$117m) project to expand in the south of the country.
Saudi’s raft of new health measures includes changes to nutrition labelling
Saudi Arabia’s food regulator will publish permitted rates of sugar, salt and saturated fat in processed food as part of a wide-ranging review of its food policy.
News in Brief
India’s market for lab instruments on the rise – Messe München
Trade visitors were up for analytica Anacon India and India Lab Expo compared to last year, according to organizers.
China
Guolian hopes to meet ambitious growth target ahead of schedule
China’s biggest shrimp supplier is aiming for a near eightfold increase in revenues and a place at the top table of seafood businesses by the end of the decade.
News in brief
Palm oil production to revive following departure of El Niño
Global palm oil production is expected to grow by 6m tonnes this year, after output was hit hard in 2016 due to the strong effects of the lingering El Niño weather system from the previous year.