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Category: Middle East & Africa

GCC: Looking Good

| 29/04/2011 | Reply
GCC: Looking Good

Latest figures show halal beauty products account for $500 million of the $2 trillion global halal market. And while western brands are seeking to prove their commitment to the Muslim consumer, the market is facing tougher scrutiny to meet buyers’ expectations.

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Singapore: Visit Crescentrating at the Arabian Travel Market 2011

| 27/04/2011 | Reply
Singapore: Visit Crescentrating at the Arabian Travel Market 2011

Crescentrating will participate at the Arabian Travel Market (ATM) for the second consecutive year. ATM 2011, the leading travel exhibition for the Middle East region, will take place from 2nd to 5th May 2011 at the Dubai International Convention and Exhibition Centre.

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Australia: Camel Meat Exports Aim to Turn Pest into Profit

| 26/04/2011 | Reply
Australia: Camel Meat Exports Aim to Turn Pest into Profit

As populations and food needs grow across the Middle East, one Egyptian businessman has spotted a niche export opportunity for Australia: camel meat.

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Cashing in On the Halal Food Industry

| 14/04/2011 | Reply
Cashing in On the Halal Food Industry

Thomson Reuters and Ideals ratings announced the launch of the world’s first halal food indices, called SAMI (Socially Acceptably Market Investments) Halal Food Index and SAMI Halal Participation Index in Malaysia.

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Malaysia: Halal trade fair to attract global participants

| 07/04/2011 | Reply
Malaysia: Halal trade fair to attract global participants

ver the past seven years, Mihas has succeeded in creating extensive business opportunities and networking for various halal industry players worldwide. Mihas has also been the focal point for global traders, entrepreneurs and manufacturers to promote and launch their halal products and services.

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UAE: UAE Minister of Environment & Water meets with Dubai Chamber members in the meat trading sector

| 01/04/2011 | Reply
UAE: UAE Minister of Environment & Water meets with Dubai Chamber members in the meat trading sector

His Excellency told attendees there are a number of new meat markets that need to be explored in order to improve food security in the country. He said that the Ministry is currently in the process of accrediting halal certificates and coordinating health regulations from a number of new countries.

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Horn of Africa to double livestock exports to Saudi Arabia

| 28/03/2011 | Reply
Horn of Africa to double livestock exports to Saudi Arabia

Livestock traders in Somaliland welcomed the latest development in Saudi Arabia after the kingdom announced on Friday it will increase livestock imports from the Horn of Africa by two-fold by 2012.

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UK: Eblex to woo UAE trade reps

| 26/03/2011 | Reply
UK: Eblex to woo UAE trade reps

Eblex’s Halal Steering Group will meet trade representatives of the United Arab Emirates in a bid to open up halal meat export markets to the Middle East.

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Opinion: Time right for growth of Islamic finance

| 16/03/2011 | Reply
Opinion: Time right for growth of Islamic finance

The halal food industry has greater brand recognition and penetration than Islamic finance among the 1.6 billion Muslims. But how many Muslims know about Islamic finance and, more important, how many are participants, the bankable 2 to 3 per cent?

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Opinion: Dubai on Empty

| 13/03/2011 | Reply
Opinion: Dubai on Empty

Its skyline erupting from the desert in just two decades, Dubai is a cautionary tale about what money can’t buy: a culture of its own. After gorging on the Viagra of easy credit, the emirate has the world’s tallest building, the world’s most expensive racetrack, and a financial crisis to match. A. A. Gill discovers that no one truly belongs in Dubai, where the legacy of oil has made everything worthless.

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UAE: Al Islami consolidates its strengths at Gulfood 2011

| 12/03/2011 | Reply
UAE: Al Islami consolidates its strengths at Gulfood 2011

Al Islami Foods, the leading halal food producer in the Middle East, consolidated its strengths at this year’s Gulfood show, organized by the Dubai World Trade Centre, which and ran from February 27 to March 2, 2011.

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Switzerland eyes summer vacationers from Saudi Arabia

| 03/03/2011 | Reply
Switzerland eyes summer vacationers from Saudi Arabia

Swiss tourist officials on Tuesday exuded confidence that they would get summer vacationers from Saudi Arabia despite the holy month of Ramadan, which this year coincides with the holiday season. “We are here to inform the local hotels, travel agencies and tour operators that our country is fully prepared to meet all of Ramadan requirements including halal food and shisha.”

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Opinion: Of Faith, Finance, Food and fashion

| 01/03/2011 | Reply
Opinion: Of Faith, Finance, Food and fashion

An interview with Dinar Standard CEO Rafi-uddin Shikoh from Rushdi Siddiqui’s regular ‘Islamic Finance 2.0′ column in Business Times of Malaysia.

“We are defining the ’emerging Muslim markets’ as the inter-connected over US$7 trillion (RM21.35 trillion) OIC member country economies, the over US$1.8 trillion (RM5.49 trillion) global Muslim consumer market, and the over US$1 trillion (RM3.05 trillion) Islamic Finance industry. There is tremendous connectivity and opportunities that exist within these three segments and we feel that collectively they are as large as any other emerging market today.”

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South Africa: Walmart imports will threaten food security – Basson

| 24/02/2011 | Reply
South Africa: Walmart imports will threaten food security – Basson

Whitey Basson, the chief executive of Shoprite, said yesterday that he was “very worried” about food security and the manufacturing capacity for food in the country if more food was imported.

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Food Security: A Generous Heart

| 24/02/2011 | Reply
Food Security: A Generous Heart

The United Nations World Food Programme (WFP) looks at the humanitarian side of the World Food Programme in the Middle East.

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Nigeria: Nigeria-China trades hit $7.5b in 2010

| 21/02/2011 | Reply
Nigeria: Nigeria-China trades hit $7.5b in 2010

“The trade and investment mission will focus on promoting Halal food and products, which has become a lifestyle in China and her culture with a global market value in excess of $2 trillion per annum. This is a big market for Nigeria to participate and take its own market share. They will also be promoting other famous and excellent Chinese (Qinghai) companies, their brands and products.”

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Singapore: Middle East Enjoys a Taste of the South East

| 20/02/2011 | Reply
Singapore: Middle East Enjoys a Taste of the South East

Singapore food manufacturers anticipate growth in exports to Middle East as region’s appetite for Southeast Asian cuisine grows

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Dubai: Investors to meet international franchise brands at Gulfood 2011

| 20/02/2011 | Reply
Dubai: Investors to meet international franchise brands at Gulfood 2011

The Midamar-World Franchise Associates panel will enlighten the audience in practical matters of franchising such as the acquisition of brands, building a successful network, franchise agreements, legal matters, and financial planning. Midamar will discuss the sourcing and supply of Halal food and ingredients, accreditation, legal requirements and supply chain management.

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Mideast tops world in 2010 Aussie lamb sales

| 11/02/2011 | Reply
Mideast tops world in 2010 Aussie lamb sales

The Middle East established itself as Australia’s largest lamb export destination in 2010, surpassing the US, with shipments increasing 2% on the previous year, to a record 36,670 tonnes according to figures released by the Department of Agriculture, Forestry and Fisheries – DAFF in Australia.

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Halal market valued at $1.2 trillion

| 09/02/2011 | Reply
Halal market valued at $1.2 trillion

With halal food currently accounting for approximately one-fifth of world food trade according to Euromonitor International, the provider of global business intelligence and strategic market analysis, food and beverage companies across the globe are recognising the considerable opportunities presented by this industry segment.

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