The Egyptian food safety authority has committed that the local food supply will hit World Health Organisation (WHO) trans fats guidelines within 12 months, claiming its recent policy changes will finally take it off the global high-consumption list.
Baladna, a Qatar Public Shareholding Company, has acquired a 5% stake in the Egyptian company Juhayna Food Industries Company, which is listed on the Egyptian Stock Exchange, through several purchases of shares from the market.
The future food security of the Middle East and North Africa (MENA) region depends on the strengthening of economic ties and trade cooperation between the region’s countries, said the UAE’s Minister of State for Future Food Security.
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...
Food security in the Middle East could be under threat due to continuing political instability in the region, according to a report from Chatham House, also known as the Royal Institute of International Affairs.
The acquisition of the fruit processing and flavour’s unit of Egyptian firm Delta Aromatic will help ingredients giant Döhler Group’s bid to expand into ‘dynamic’ African and Middle Eastern markets, says the firm.
Already a mainstay in the Middle East ingredients market, Dohler has now announced further expansion in the region following its acquisition of the fruit processing and flavour unit of Delta Aromatic in Egypt.