The park is in its final stages of construction and ready to open its EU Licensed Factory for SME’s to come on board. The venture can expect to have a turnover of 15 million plus in the first year and has a number of committed partners. It is expected to be in full operation within the next six months.
Demand for processed food is growing rapidly across all food and beverage categories in the Middle East, and accounts for 50 per cent of the food market in the region, say the organisers of Gulfood in Dubai.
Trade figures show New Zealand exports to the GCC have grown from $695 million in 2009 to $1.2 billion in 2011 that shows a 71 per cent increase over the two-year period. Dubai’s attraction to more tourists will increase demand for food and beverage products and it will provide opportunities to New Zealand companies to boost exports.
The Saudi Food and Drug Authority (SFDA) plans to launch an investigation into the delay of some of its laboratories in completing tests on food products coming into the country, Saudi Gazette has reported. The move follows complaints from a number of businessmen and importers that their perishable products expire while the tests are still being done.
Al Islami Foods, one of the top real halal food brands in the Middle East, has been included as super brand of the year 2012 by the Superbrands Council of UAE. Al Islami is the only food company to receive this honor for the fifth time, thus proving to be one of UAE’s strongest home-grown brand.
Deep Foods, the leading producer of restaurant quality, all natural frozen Indian cuisine, including the Tandoor Chef brand, announces halal certification for all chicken and lamb dishes through the Islamic Society of North America (ISNA).
Fraser & Neave Holdings Bhd (F&N) will explore more opportunities in the halal industry in order to expand its business, says chief executive officer Datuk Ng Jui Sia. “We must transform ourselves, we should explore other opportunities by using our halal status,” he told reporters at the company’s annual general meeting here Friday.
A surge in population of Muslims in Kenya has seen many businesses repackage their products to conform to Halal standards to win more buyers. Majority of businesses in the East African nation are making products with Halal specifications in an attempt to appeal to a rising Muslim community.
Business entrepreneurs and the Thai Chamber of Commerce in the South are looking to establish a halal industrial estate in Pattani province in hopes of turning the region into a hub of halal food.
Krispy Kreme, though there is no change to their product, has recently had 16 doughnut varieties certified by the Halal Food Authority.
With an eye on the small but growing halal food market in China, Malaysia-based Fahim Technologies has expanded its halal integrity solution services to the country’s autonomous Muslim-populated province of Ningxia.
Small and medium-sized entrepreneurs (SMEs) should seize the lucrative potentials within the burgeoning global halal market as it is the epitome of the Blue Ocean strategy, Deputy International Trade and Industry Minister Datuk Mukhriz Mahathir says.
The CEO hoped that a percentage of the employees in the UK subsidiary will be made up of Bruneians, and jobs on offer will spread across the board, from Information Technology (IT) to accounting to marketing and so on.
Halal Industry Development Corp’s managing director cum chief executive officer, Datuk Seri Jamil Bidin said the country needs to produce premium halal products to differentiate itself from the producers of mass products.
Malaysian entrepreneurs have to think out of the box to tap into the lucrative RM9 trillion-a-year halal products market. Halal Industry Development Corporation (HDC) vice-president Dr Malik Musharaf said Malaysia was only tapping into less than one per cent of the market, taking in about RM58 billion of the share.
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