Saudi Arabia’s sovereign wealth fund Public Investment Fund (PIF) has set up a new firm called Sawani Company to catalyse the growth of the local camel dairy sector, as part of its efforts to transform the country’s economy.
Placing focus on staple food trade with regions such as the Middle East and Africa, as well as diversifying its ingredient supply, have been crucial steps for Ukrainian firm Vtc Trade to enjoy business success since the Russia-Ukraine war broke out.
The French dairy group says the agreement would contribute to reducing its emissions from the region while reinforcing the company’s presence in the Middle Eastern Gulf.
Qatari dairy giant Baladna is looking at more markets in South East Asia to bring its sustainable dairy self-sufficiency model to, after successfully securing and setting up its joint venture in Malaysia.
Qatar dairy powerhouse Baladna has confirmed plans for a dairy venture in Malaysia that is expected to produce hundreds of millions of litres of fresh milk to plug existing gaps in local production.
Hochwald Foods GmbH, Germany’s second largest dairy cooperative, said it is accelerating its efforts of targeting consumers in search of healthy on-the-go dairy products in the Middle East region.
Consumers in Middle East are increasingly more willing to try out new trends, but demands for convenience at an affordable price can pose a challenge for manufacturers.
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.
The Middle East is ripe for mass-market protein products that boost the health and wellness of active consumers, but is not yet at the stage where there is huge demand for high-end sports nutrition products specifically tailored for gym-goers.
This year’s Gulfood show takes place against the backdrop of rising regional investment in food production, with international manufacturers increasingly seeing the Middle East as a lucrative market for their goods.
Del Monte Pacific Ltd (DMPL) and Fresh Del Monte Produce Inc. have announced a series of joint ventures to offer expanded refrigerated offerings across the US.
Saudia Dairy and Foodstuff Company (Sadafco) has launched a functional laban fruit drink in the Middle East after demoing the product in the manufacturer's home market.
IFC, a member of the World Bank Group, is providing a $145m financing package to Dutch dairy company FrieslandCampina, to improve the development of Pakistan's dairy industry.
Fonterra’s Research and Development Centre alongside its global ingredients business, NZMP, has developed a new white butter product for manufacturers in the Middle East market.
Can you break news in multiple formats? Are you comfortable interviewing a CEO or Greenpeace protester, food scientist, politician or legal hound? Do you have the temperament to handle daily deadlines as you work on Europe’s leading nutrition sector publication?...
Asia Pulp & Paper Group (APP) has launched Foopak Bio Natura Cup, a 100% bio-degradable cup for hot and cold food and beverages including ice cream, hot drinks and takeaway snacks.
UV disinfection company Hanovia’s core industry is working with food and beverage manufacturers, which is why it is launching its new PureLine Ultraviolet Energy Optimised (UVEO) disinfection system in the Middle East region at the Dubai Drink Technology...
Ireland is aiming to nearly double its food exports to the Middle East, with a target of more than US$560m by 2020, and is counting on its newly quota-free dairy industry to do it.
Yorkshire cheese and yogurt producer Wensleydale Creamery is hoping to build on its exports to the Middle East when it participates in a UK Trade and Investment (UKTI) mission to Gulfood in Dubai.
Cargill has opened a new Technology Application Center (TAC) in Yakapınar, Izmir, Turkey to help dairy and poultry customers in Turkey, the Middle East and Africa leverage and apply the best possible feed technologies to grow their businesses.
Tetra Pak has expanded its OneStep processing technology for milk from powder partnering with Sadafco dairy in Saudi Arabia, one of the largest producers of recombined milk products.
Swisslog has won a €43m order with Almarai dairy, in Saudi Arabia, to automate its distribution logistics for its operations in Al Kharj, to be completed by 2018.
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PepsiCo, Mars, Mondelēz and Fonterra will focus their efforts on the Middle East at Gulfood Manufacturing in Dubai next week (October 27-29) with two conferences entitled Next Generation Manufacturing and F&B Innovation.
Secomak, which solves moisture related issues for customers including Coca-Cola, Nestlè, Danone and PepsiCo, is seeing a growing demand for its drying technology for the confectionery and dairy industry in the Middle East.
Latin America, the Middle East and Africa are hot on the heels of the US and Europe in packaged cheese, and growth is set to stir up plenty of future M&A activity, says Euromonitor International.
Highest consumption of ice cream is in North America
Tetra Pak says it has developed an ice cream extrusion line with the highest capacity in the world, producing up to 43,200 pieces of ice cream sticks and sandwiches per hour, (the average is 36,000) with plans to launch a second one in Q1 next year.
The CEO of Saudi Arabian food and beverage giant Al Rabie Saudi Foods tells BeverageDaily.com that the company is keen to expand beyond its powerbase in MENA to the Europe and the US.
French dairy giant Lactalis has entered the race to acquire Arab Dairy Products Company with an offer that tops all earlier bids for the Egyptian cheesemaker.
