Category: Related Topics

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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USA: Midamar wins 2012 “Best New Halal Food” and “Best New Fast Food Product” at Gulfood Awards in Dubai

| 21/02/2012 | Reply
USA: Midamar wins 2012 “Best New Halal Food” and “Best New Fast Food Product” at Gulfood Awards in Dubai

Midamar has been attending Gulfood since the first show was organized more than 25 years ago and was the first American company to participate in the event. Midamar has been promoting premium quality, USDA Certified US beef and poultry products in the Middle East and South East Asia for over 35 years.

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France: Meat bosses deny Halal claims

| 20/02/2012 | Reply
France: Meat bosses deny Halal claims

Front National presidential candidate Marine Le Pen made the statement in a speech in Lille, saying that “all the meat distributed in the Ile-de-France is halal”. She said that this was being done unknown by the consumer, adding that “all the abattoirs in Ile-de-France sell halal”. However professionals in the sector said Ms Le Pen had mixed up “distribution” and “slaughtering”.

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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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EU: State-mosque relations in Europe, the other half of the story

| 19/02/2012 | Reply
EU: State-mosque relations in Europe, the other half of the story

Just over 1 percent of the world’s 1.5 billion Muslims reside in Western Europe, yet this minority has had a disproportionate impact on religion and politics in its new home. Approximately one out of every 25 Western Europeans is Muslim.

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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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USA:  Halal cosmetics prove to be a market trend in the US

| 17/02/2012 | Reply
USA:  Halal cosmetics prove to be a market trend in the US

Following the first international in 2010 on the emerging global Halal cosmetics and toiletries sector, big players like Bare Minerals have started to introduce all natural ingredients to their line.

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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 | Reply
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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Brunei: Canadian firm to assist with Food Development Centre

| 15/02/2012 | Reply
Brunei: Canadian firm to assist with Food Development Centre

Dept. of Agriculture and Agrifood’s goal is the establishment a Food Development Centre (FDC). The department has thus appointed Agriteam Canada Consulting Ltd to implement the establishment of the Food Development Centre project, which is one of the projects falling under the Agrifood Development and Agriculture Biotechnology Programme of the National Development Plan 2007-2012. Statistics from 2011 showed that the agrifood industry had achieved B$57.13 million – exceeding the targeted $56.5 million.

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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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Turkey: ‘Halal Facebook’ introduced to global audiences in Istanbul

| 14/02/2012 | Reply
Turkey: ‘Halal Facebook’ introduced to global audiences in Istanbul

Monday evening saw prominent Muslim figures from all over the world gather at Istanbul’s stunning Çyragan Palace for the first official insight into a new social networking phenomenon set to hit the Muslim worldwide — Salam World.

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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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France: After Halal products and Halal stores, here comes HALAL Logistics

| 14/02/2012 | Reply
France: After Halal products and Halal stores, here comes HALAL Logistics

The Port of Marseille, with the strong support of the Malaysian government, is actively developing the Halal logistics sector. Intense lobbying is in place in order to convince logistic companies to move into this developing sector.

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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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