Category: Saudi Arabia

Brazil scandal tests JBS, BRF push for overseas units IPOs

| 24/03/2017 | Reply
Brazil scandal tests JBS, BRF push for overseas units IPOs

The deals could fetch a combined $2.5 billion and help accelerate expansion outside Brazil. None of BRF Halal plants are suspended as part of the probe.

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Bangladesh: DLS yet to fulfill Saudi terms for exporting Halal meat

| 04/03/2017 | Reply
Bangladesh: DLS yet to fulfill Saudi terms for exporting Halal meat

The country could have a significant share of global Halal meat export if it could fulfill SFDA conditions after having the necessary infrastructure.

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Saudi women cosmetics market to grow 11pc

| 23/02/2017 | Reply
Saudi women cosmetics market to grow 11pc

Aggressive advertising coupled with increasing disposable income will see the market of women cosmetics in Saudi Arabia grow at a compunded annual growth rate (CAGR) of over 11 per cent during 2017 – 2022.

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Indonesia: Minister promotes international Halal food certification for MSMEs

| 12/01/2017 | Reply
Indonesia: Minister promotes international Halal food certification for MSMEs

“We are encouraging international halal food product certification, so that our food products become popular abroad,” State-owned Enterprises Minister Rini Soemarno said.

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Saudi Arabia raises Poultry Import Tax

| 09/01/2017 | Reply
Saudi Arabia raises Poultry Import Tax

The tax was raised from 5% to 20%. Saudi Arabia imports 57% of the poultry it consumes and Brazil holds an 88% share of these imports.

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Saudi Arabia bans Indian poultry products

| 04/01/2017 | 1 Reply
Saudi Arabia bans Indian poultry products

The ban comes 4 weeks after the WHO reported an outbreak of avian influenza or bird flu in several parts of India.

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Egypt: Cartel Capital to help Gulf companies invest in food sector acquisitions

| 20/12/2016 | Reply
Egypt: Cartel Capital to help Gulf companies invest in food sector acquisitions

Two companies from Saudi Arabia and Bahrain have tasked Cartel Capital to nominate a group of companies in the food sector for acquisition.

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Saudi Arabia to mount its biggest Gulfood Manufacturing push to date

| 03/11/2016 | Reply
Saudi Arabia to mount its biggest Gulfood Manufacturing push to date

The Saudi push comes after launching its Vision 2030 earlier this year which aims to raise the share of the Kingdom’s non-oil exports from its current 16 per cent to 50 per cent.

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Saudi Arabia set to become world’s biggest tech investor

| 19/10/2016 | Reply
Saudi Arabia set to become world’s biggest tech investor

The Kingdom is joining forces with Japan’s Softbank to create a giant $100 billion fund which could become a dominant player in the industry.

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Japan: International Islamic Halal Organization Japan inauguration

| 28/07/2016 | Reply
Japan: International Islamic Halal Organization Japan inauguration

IIHO Japan has been launched on Tuesday, July 27 as a Halal Certifying body recognized by IIHO Saudi Arabia as a chapter organization in Japan.

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Rising food imports to boost participation in Foodex Saudi ’16

| 29/06/2016 | Reply
Rising food imports to boost participation in Foodex Saudi ’16

The 4th Foodex Saudi will host 35 countries on Nov. 21-24 at Jeddah Centre for Forums & Events and Conferences, organized by Reed Sunaidi Exhibitions.

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Alghanim plans to bring US fast food giant to Saudi Arabia

| 23/06/2016 | Reply
Alghanim plans to bring US fast food giant to Saudi Arabia

US-based Wendy’s is reportedly the world’s third largest hamburger fast food chain with 6,482 locations.

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Chairman of the Tourism Committee opens the Hotel Show Saudi Arabia 2016

| 18/05/2016 | Reply
Chairman of the Tourism Committee opens the Hotel Show Saudi Arabia 2016

“The Hotel Show Saudi Arabia is the leading showcase of everything needed to build and run a hotel or restaurant in the Kingdom.”

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Saudi Hospitalty Industry Adapts to rise of ‘Millennial’ Travellers

| 16/05/2016 | Reply
Saudi Hospitalty Industry Adapts to rise of ‘Millennial’ Travellers

Millennial travellers are forecast to become the dominant consumer group globally by 2020, yet the future appears closer for Saudi Arabia.

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Saudi Arabia’s Mega-Projects in Focus at Vision Conference 2016

| 11/05/2016 | Reply
Saudi Arabia’s Mega-Projects in Focus at Vision Conference 2016

The conference is a key feature of The Hotel Show Saudi Arabia in Jeddah, from 17-19th May 2016 featuring a range of industry experts exploring the Kingdom’s booming hospitality industry.

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Saudi Arabia to Adopt Indonesian Vaccine Technology

| 13/04/2016 | Reply
Saudi Arabia to Adopt Indonesian Vaccine Technology

BioFarma, the largest pharmaceutical firm in the archipelago, is currently in talks with the Indonesian Trade vaccinePromotion Center in Saudi Arabia.

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Saudi Arabia: Islamic body stresses need to bolster Muslim economy

| 07/04/2016 | Reply
Saudi Arabia: Islamic body stresses need to bolster Muslim economy

The Islamic Chamber of Commerce, Industry and Agriculture (ICCIA) stressed the need to strengthen economy of the 57 Muslim countries.

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Makkah leads hotel construction in Saudi Arabia

| 22/03/2016 | Reply
Makkah leads hotel construction in Saudi Arabia

The Holy City of Makkah is leading hotel development in Saudi Arabia with 24,133 rooms currently in the construction pipeline, according to a new report.

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More than 47,000 hotel rooms under development in Saudi Arabia

| 17/02/2016 | Reply
More than 47,000 hotel rooms under development in Saudi Arabia

The majority of projects are in the final construction and pre-opening stages with 52 projects and almost 20,000 rooms set to open this year.

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Lulu Group announces expansion plan in Saudi Arabia

| 15/01/2016 | Reply
Lulu Group announces expansion plan in Saudi Arabia

Retail player Lulu Group, promoted by Indian business man Yusuff Ali M A, has announced a major expansion plan in the Saudi Arabian market.

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