Category: Saudi Arabia

Malaysia to expand trade ties with Saudi Arabia

| 22/05/2013 | Reply
Malaysia to expand trade ties with Saudi Arabia

The recent visit of Malaysian trade mission and the participation of 11 companies at the Saudi Food & Hotel and Hospitality 2013 are just part of the continuing efforts to strengthen the bilateral trade relationship.

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Brazil: Arab Brazilian Chamber to attend Saudi Food fair

| 03/05/2013 | Reply
Brazil: Arab Brazilian Chamber to attend Saudi Food fair

Currently in its 18th edition, the Saudi Food, Hotel and Hospitality fair features exhibitors in the food, beverage and hospitality industries. Saudi Food is one in a set of actions to bring Saudi food buyers and Brazilian exporters closer together.

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Saudi Arabia: First Saudi company announces weekend change

| 29/04/2013 | Reply
Saudi Arabia:  First Saudi company announces weekend change

Saudi Arabia, the richest and most populous of the six GCC nations, is the only one operating with a Thursday-Friday weekend after Oman announced earlier this year it would change to Friday-Saturday from May 1.

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Coffee and qahwa: How a drink for Arab mystics went global

| 18/04/2013 | Reply
Coffee and qahwa: How a drink for Arab mystics went global

The Arab world has given birth to many thinkers and many inventions – among them the three-course meal and coffee. The best coffee bean is still known as Arabica.

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Brazil agency targets food exports to Saudi

| 10/04/2013 | Reply
Brazil agency targets food exports to Saudi

Brazilian exports to Saudi Arabia were valued at $3 billion in 2012, according to recent figures, with around 585 Brazilian companies currently exporting various products, including chicken, sugar, maize, iron ore and soy among other items.

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Saudi Arabia: Savola buys strategic stake in subsidiaries

| 09/04/2013 | Reply
Saudi Arabia: Savola buys strategic stake in subsidiaries

The Saudi Arabia-based food conglomerate, has entered into a deal with Dammam-based Al-Muhaidib Holding Company, a key player in the kingdom’s food distribution sector, to acquire a 10 per cent stake in its subsidiary Savola Foods Company.

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Saudi dairy firm Almarai sells $347m sukuk

| 02/04/2013 | Reply
Saudi dairy firm Almarai sells $347m sukuk

The issue, which has a floating interest rate, attracted orders worth SAR2.4bn from institutional investors inside Saudi Arabia, the statement said. The interest rate was not specified.

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Saudi consortium buys farming group to increase food security

| 29/03/2013 | Reply
Saudi consortium buys farming group to increase food security

A London-listed company which owns swaths of the world’s most fertile farmland in the Ukraine and Poland was snapped up yesterday by a consortium of Saudi Arabian investors for £61.5m.

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GCC Food Consumption To Hit $106bn By 2018

| 26/02/2013 | Reply
GCC Food Consumption To Hit $106bn By 2018

Food is the largest segment of consumer expenditure in the region and stood at $83 billion year-end 2012, says new report. Consumer spending on food in the GCC is expected to reach $106 billion in the next five years.

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Saudi Arabia’s F & B industry brims over amid robust tourism

| 13/02/2013 | Reply
Saudi Arabia’s F & B industry brims over amid robust tourism

With Saudi Arabia importing approximately 60 percent of the Middle East’s total food and beverage (F&B) imports, the Kingdom is a key target market for regional and international food manufacturers and suppliers.

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Saudi Arabia: Kingdom Holding in Islamic financing push

| 08/02/2013 | Reply
Saudi Arabia: Kingdom Holding in Islamic financing push

Kingdom Holding, the international investment firm of Saudi billionaire Prince Alwaleed bin Talal, has formed a sharia board of prominent scholars in order to raise more of its funding through Islamic finance.

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Saudi Arabia: Halal certification and alcohol-free labeling with Mondelez

| 29/01/2013 | Reply
Saudi Arabia: Halal certification and alcohol-free labeling with Mondelez

Mondelez is expanding in the Middle East having recently signed a joint venture in Saudi Arabia. ConfectioneryNews.com asks the industry giant if halal certification and alcohol-free labeling have been factored into its growth plans.

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Malaysia: Halal gelatin in the process

| 22/12/2012 | Reply
Malaysia: Halal gelatin in the process

The International Islamic University (IIU) of Malaysia and the King Saud University in Saudi Arabia will work together to produce gelatin from camels to meet world demand for halal gelatin.

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Saudi Arabia: The Food Exporter’s Hidden Gem

| 14/12/2012 | 1 Reply
Saudi Arabia: The Food Exporter’s Hidden Gem

Like the rest of the Persian Gulf region, Saudi Arabia saw an explosion in consumer spending over the past decade due to the bourgeoning global energy demand. Per capita food consumption through 2015 is forecast to grow 7.31%.

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USA: Saudi Arabia Retail Foods Update 2012

| 14/12/2012 | Reply
USA: Saudi Arabia Retail Foods Update 2012

This report provides an update on the Saudi retail food market structure and information that the U.S., and other exporters would need to enter this important market.

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Saudi Arabian chain Herfy outlines growth plans

| 11/12/2012 | Reply
Saudi Arabian chain Herfy outlines growth plans

Since its founding in 1981 by Ahmed Hamad Al Saeed, who remains the company’s chief executive, the now-194-unit Riyadh-based Herfy chain has woven itself into the fabric of the Gulf kingdom as well as several other Middle Eastern countries.

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Saudi Arabia Sets Its Sights on Afghanistan

| 06/11/2012 | Reply
Saudi Arabia Sets Its Sights on Afghanistan

This became clear on October 29, when the Afghan government announced that Riyadh would build a multimillion-dollar Islamic complex in Kabul, marking its largest and most expensive foray into post-9/11 Afghanistan.

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Opinion: Post Hajj quotient real test of taqwa

| 28/10/2012 | Reply
Opinion: Post Hajj quotient real test of taqwa

The Hajj or pilgrimage to Mecca is the fifth of the five obligatory pillars for Muslims. It is a human-defining, behaviour-refining and life-revitalizing moment that is supposed to endure until our last breath.

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Makkah’s mega architecture casts shadow over Hajj

| 24/10/2012 | Reply
Makkah’s mega architecture casts shadow over Hajj

Towering over Makkah, with the Ka’aba in its shadow, the Abraj al-Bait is the world’s second-tallest building – and it is just a tiny part of a voracious development that has seen historic sites bulldozed and locals forced into shantytowns.

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Millions of pilgrims head to Mina as Hajj 2012 officially kicks off

| 24/10/2012 | Reply
Millions of pilgrims head to Mina as Hajj 2012 officially kicks off

Around four million pilgrims were heading to Mina, where they will spend their night before heading to the Mount of Arafat in the early hours of Thursday. Wednesday is the first official day of the pilgrimage.

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