Category: Middle East & Africa

USA: McDonald’s to open 100 new outlets in Middle East

| 22/02/2012 | Reply
USA: McDonald’s to open 100 new outlets in Middle East

At the largest food trade fair in the Middle East, Gulfood, it was revealed that McDonald’s is expected to open 100 new outlets this year with a particular focus on the United Arab Emirates and Saudi Arabia. Currently, the Golden Arches has 833 restaurants in 17 markets in the Middle East and Africa – a growth rate of between 10 to 15 per cent every year.

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Saudi Arabia: Private Equity firms buy key stake in Saudi food group

| 22/02/2012 | Reply
Saudi Arabia: Private Equity firms buy key stake in Saudi food group

Levant Capital, an investment firm focused on regional private equity investments and Citi Venture Capital International (CVCI) said they have jointly acquired a controlling stake in Saudi-based Al-Raya For Foodstuff Company for $100 million. The transaction presents an opportunity for Levant Capital and CVCI to capitalize on the growth in consumer-driven demand and the increasingly attractive middle income segment of the Gulf region’s largest economy.

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UAE: Al Islami signs major Joint Venture for Pakistani Market at Gulfood

| 22/02/2012 | Reply
UAE: Al Islami signs major Joint Venture for Pakistani Market at Gulfood

Under the terms of the agreement, M/s Neat Foods will be the sole partner of Al Islami in Pakistan to develop and re-export Al Islami products in Pakistan and in the international market. In addition, Neat Foods is constructing a state-of-the-art food production plant equipped with latest food production machinery.

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Saudi fast food market to hit $4.5bn by 2015

| 20/02/2012 | 1 Reply
Saudi fast food market to hit $4.5bn by 2015

Saudi Arabia’s fast food market is expected reach a value of $4.5bn in the next three years, driven by high demand among young, affluent citizens, according to a report by Euromonitor. “Fast food outlets have become important social spaces for a growing cohort of Saudi young people,” said Michael Schaefer, head of consumer foodservice research at Euromonitor.

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UAE: Gulfood Awards 2012 Recognise Excellence In The Food And Beverage Industry

| 20/02/2012 | Reply
UAE: Gulfood Awards 2012 Recognise Excellence In The Food And Beverage Industry

HalalFocus would like to congratulate their advertiser Midamar Corporation, Iowa, USA, for winning the Best New Halal Food Award for the second year running at Gulfood 2012, the largest annual trade exhibition in the world. The award was presented for their Halal Black Pepper Smoked Beef Strips! Midamar has been producing Halal Food in the USA since 1974, and they are now a leading trusted brand for Halal food products all over the world.

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UAE: Ensuring food security of the UAE

| 19/02/2012 | Reply
UAE: Ensuring food security of the UAE

In recent years, the UAE has seen a steady rise in food imports. Food consumption in the UAE has been growing at the rate of 12 per cent per year and, within this, the demand for food staples has increased by 30 per cent, according to the Ministry of Economy.

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Saudi Arabia: Young Saudis find home entertainment cheaper and safer

| 18/02/2012 | Reply
Saudi Arabia: Young Saudis find home entertainment cheaper and safer

Young Saudi men and women are increasingly turning their own private rooms into entertainment hubs as a way of saving themselves from boredom. They equip their rooms with DJ turntables and other entertainment spots such as billiard tables, sound systems, electronic equipment and others.

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UAE: Minister to speak at Gulfood conference

| 17/02/2012 | Reply
UAE: Minister to speak at Gulfood conference

The annual Gulfood Conference running concurrently with the exhibition brings together over 40 world-class speakers and experts to present insights and innovations shaping the global food industry. The conference consists four specialised programmes that reflect the latest international industry trends.

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Saudi Arabia: Sweet success as Mars invests SR225m in KAEC

| 16/02/2012 | Reply
Saudi Arabia: Sweet success as Mars invests SR225m in KAEC

In a sign of growing confidence in the Kingdom’s economic stability, Mars Incorporated, a global food giant with annual sales exceeding $30 billion, announced on Wednesday SR225 million ($60 million) initial investment to build a state-of-the-art manufacturing facility at King Abdullah Economic City (KAEC) in Rabigh, about 130 km north of Jeddah.

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Saudi Arabia: Food exporting countries urged to heed Halal norms

| 16/02/2012 | 2 Replies
Saudi Arabia: Food exporting countries urged to heed Halal norms

The First International Conference on Halal Food in Riyadh concluded on Tuesday, calling on non-Muslim countries exporting food to Islamic countries to strictly adhere to Islamic regulations with regard to ensuring products are halal.

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Saudi Arabia: Need for halal standards for food additives underlined

| 15/02/2012 | Reply
Saudi Arabia: Need for halal standards for food additives underlined

Mian Nadeem Riaz from Texas said that for the food industry to serve the halal market, it is very important that they know the halal status of additives. He pointed out that some of the common additives are derived from sources that are not halal, for example pigs and animals slaughtered without abiding by religious directives.

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Oman: A’saffa Foods in major expansion spree

| 14/02/2012 | Reply
Oman: A’saffa Foods in major expansion spree

A’saffa Foods, in its bid to become a major food producer in the region, is setting out on major expansion plans. The company is increasing its poultry production by about 24 per cent with a capital expenditure of RO 4 million. The expanded facility is expected to begin commercial production by the middle of the first quarter of this year.

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IDB ready to fund Oman’s Islamic banking sector

| 14/02/2012 | Reply
IDB ready to fund Oman’s Islamic banking sector

Islamic Development Bank (IDB), an international financial institution based in Jeddah, Saudi Arabia, is ready to provide equity capital to Oman’s upcoming Islamic banking industry, development projects in the sultanate and private-sector businesses.

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Oman: Sultanate’s Participation in Riyadh’s Halal Food Conference

| 14/02/2012 | Reply
Oman: Sultanate’s Participation in Riyadh’s Halal Food Conference

The Sultanate’s participation in this conference comes within the framework of exchanging expertise, data and to view the latest developments and changes in halal food area, as well as to coordinate efforts and activities among states participating in the conference.

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UAE: Population growth spurs demand for food

| 14/02/2012 | Reply
UAE: Population growth spurs demand for food

Many international suppliers which export food to the UAE are reporting double digit growth in the last year. This growing demand is reflected in the high attendance figures of Gulfood 2012 which has attracted a sell-out participation from 88 countries and 110 international pavilions.

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Saudi Arabia: Scientists, scholars to redefine Halal

| 14/02/2012 | Reply
Saudi Arabia: Scientists, scholars to redefine Halal

The main sessions will focus on genetically modified food, lawfulness of food additives, analysis methods of halal food, control of halal food, its standards, certification and countries’ experiences in halal food control.

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USA: Midamar directors and partners to speak at Gulfood Franchise Workshop

| 14/02/2012 | Reply
USA: Midamar directors and partners to speak at Gulfood Franchise Workshop

US Halal food pioneer and global supply chain leader Midamar, will be exhibiting in the American Pavilion at Gulfood 2012, in Dubai on February 19 to 22. Midamar will be introducing its new line of specialty Halal beef strips at the exhibition.

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Saudi Arabia: Sattam inaugurates halal food event in Riyadh

| 13/02/2012 | Reply
Saudi Arabia: Sattam inaugurates halal food event in Riyadh

Riyadh Governor Prince Sattam opened an international conference on halal food in the capital here on Sunday. The Saudi Food and Drugs Authority organized the three-day conference focusing on monitoring halal food. In his address, Executive President of SFDA Muhammad Al-Kanhal stressed the need to monitor imported food.

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Saudi Arabia: Riyadh meeting to clarify the concept of halal food

| 11/02/2012 | Reply
Saudi Arabia: Riyadh meeting to clarify the concept of halal food

SFDA has brought scientific and religious scholars to a common platform to explore new ways of improving the global halal food industry and to chalk out a mechanism to maintain a uniform check on the quality as well as the regulations adopted by the local authorities to ensure that the food consumed is halal.

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Saudi Arabia: Experts to discuss Halal food at conference in Riyadh Sunday

| 10/02/2012 | Reply
Saudi Arabia: Experts to discuss Halal food at conference in Riyadh Sunday

King Abdullah, Custodian of the Two Holy Mosques, will patronize here Sunday the first global conference on Halal food held by the Saudi Food and Drug Authority. The conference will come up with recommendations on the best ways to monitor food, lay down Halal food requirements, and seek to foster trade relations between participating countries.

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