Category: Brazil
Brazil’s BRF mulls options to Halal unit One Foods IPO
BRF wants proceeds from the sale of the One Foods stake to help propel the latter’s expansion into Asian Muslim nations.
Brazilian food giant, Qatar to buy Turkish poultry firm Banvit
BRF will take a 60 percent stake in the joint venture, while the Qatar Investment Authority will take 40 percent in a deal that calculates Banvit’s enterprise value at $470 million.
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.
Brazil: BRF sees $1.5 billion Halal unit IPO by late March – sources
Brazilian food exporter BRF SA is seeking to raise about $1.5 billion from the sale of a 20 percent stake of a unit logo-1focused on the halal processed food market via an initial public offering.
Brazil’s BRF launches unit focused on Muslim food markets
BRF said the Dubai-based unit has been renamed One Foods Holdings Ltd, from Sadia Halal, with the goal of building market share in the region.
Brazil Challenges Indonesia’s Halal Certification Policy
Brazil has filed a complaint against Indonesia to the World Trade Organization, challenging Indonesia’s halal certification requirements for imported meat.
Brazil eyes Malaysia as entry point for Asean trade
Brazil, Latin America’s largest market, could export the products to Malaysia to be processed and packaged before being exported to other Asean countries.
Dubai wants to integrate Halal market
The emirate of Dubai wants to be the world center of halal trade and is making an effort to globally unify the market’s procedures.
Delegation from Dubai to seek business in São Paulo
A delegation from the Dubai Exports agency and business owners from the United Arab Emirates will be in São Paulo on September 19 and 20 to meet with local executives.
Brazil: BRF spin-off creates halal unit
Brazilian meat processor BRF has announced plans to set up a subsidiary tasked with strengthening the meat giant’s supply of meat to Muslim consumers.
Brazil showcases its leading global position across the Food & Beverage sector
Brazil showcases its leading global position across the Food & Beverage sector with $728 million of deals at Gulfood.
Saudi Arabia’s Salic buys $188m stake in Brazil’s Minerva
Saudi Arabia’s Salic investment body has bought a 19.95% stake in Brazilian beef producer, Minerva, for US$188.4m, following the kingdom’s lifting of a ban on Brazilian beef.
Saudi Arabia to Take 20% Stake in Brazil Beef Producer Minerva
Saudi Agriculture & Livestock Investment Co. (Salic) was formed three years ago to improve Saudi food security by investing in agriculture and livestock around the world.
Brazil: Event brings new food importers to Brazil
A matchmaking event for Brazilian exporters and Arab importers of foodstuffs began this Tuesday (1st) at the Arab Brazilian Chamber of Commerce.
Halal is available on the Brazilian market
Finding food bearing the halal label on Brazilian supermarket shelves is not an easy task. Very few items carry the attestation that their consumption is allowed to Muslims.
Brazil: Candy companies bet on Halal for growth
Companies Docile and Peccin from Rio Grande do Sul, Brazil, certified their product lines as a strategy to boost sales to Arab countries.
Brazil: Halal broadens export opportunities
Certification for various products, including non-foodstuffs, heightens the chance of selling to more demanding Islamic consumers.
UAE: BRF opens Abu Dhabi plant
The unit inaugurated this Wednesday (26th) in the United Arab Emirates capital will process poultry-based products for distribution to Middle East countries.
End of Saudi embargo on Brazilian beef is nearer
A Brazilian mission headed by Agriculture minister Neri Geller has travelled to the Arab country and discussed a technical visit to Brazil.
Halal Food Market In Brazil
Despite Brazil being one of the largest Halal food producers in the world, possessing over 300 industries’ plants that are Halal certified, most of its production is exported to Muslim countries.
