Category: Saudi Arabia
Saudi Arabia: Saudi fashion goes global
“There’s so much talent and so many buyers and beautiful boutiques in Saudi — we have the right people that can actually make this happen and make it a hub.”
Saudi Arabia just announced plans to build a $500 billion mega-city
The business and industrial-focused city will span 10,230 square miles. To put that size in perspective, 10,230 square miles is more than 33 times the land area of New York City.
Saudi Arabia: Blockchain Platform for Islamic Finance
The Saudi Arabian Islamic Development Bank (IDB) has put its researchers on the task of developing blockchain-based products.
Restaurant menus to list calories in Saudi Arabia
This initiative comes as part of the efforts to safeguard consumers’ health, and create awareness about the importance of knowing the nutritional value of meals and drinks provided by restaurants and cafes.
SFDA launches strategic plan for healthy food in Saudi Arabia
A “signal light” system of green, yellow and red will be used on products to indicate the amount of sugar, salt and fat. Plus an awareness campaign about nutrition and counseling on safe and healthy food.
Saudi Arabia: The Hajj and the year-round Umrah generate $12bn in revenues from worshippers
Pilgrimage is the backbone of a plan to expand tourism under Crown Prince Mohammed bin Salman’s economic reform programme, to diversify the economy away from oil.
Opinion: Saudi Arabia Wants Qatar to Come Under Its Heel
Word comes that the Saudis would like to see the current emir, Sheikh Tamam bin Hamad al-Thani, his father the former emir and his mother removed from power.
Qatar food imports hit after Arab nations cut ties
Saudi Arabia, Egypt, United Arab Emirates and Bahrain cut relations with Qatar on Monday over alleged support for Islamists and Iran in a coordinated move. Six articles.
Malaysia Fama: TH Global to market agro-based Halal produce to Middle East
TH Global will act as the facilitator in pioneering local halal food products to Saudi Arabia and the Gulf Cooperation Council countries such as Kuwait, Oman and Qatar.
Brazil: Ready to Provide Saudi Market Demand of Meat
Brazil is fully ready to cooperate with Saudi Arabia in the field of food and to provide the market demand of meat and other products according to Saudi Vision 2030.
Opinion: Security of food supply paramount for Arabian Gulf region
Saudi Arabia is not alone in its reliance on buying food from abroad. While it needs about 70% of its food imported, the UAE requires 80% and Qatar a staggering 90%.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Connect
Connect with us on the following social media platforms.