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Middle East

New regional investments on hold, says Jaffan Trading

23-Nov-2015 - Regional food producers are holding back on new investments, but those who are spending are looking for novelty in chocolate and dates products, according to Jaffan Trading and Marketing.

Related news

Russian chocolatier Goldberg plans UAE factory

Russian chocolate-maker Goldberg is planning to establish a factory in the UAE, as it targets the Middle East and North Africa as its first major export market.

Oman and Japan create $400m food investment fund

Oman and Japan have agreed to form a US$400m investment fund focused on food and agribusiness, aimed at boosting the industry in Oman as well as Japanese exports.

Egyptian gov’t plans wider food imports, as food prices drive up inflation

Egypt’s government said it would widen the range of food products it imports, as food price rises push the country’s inflation to 9.7% in October, partly due to a chronic dollar shortage.

Kizad sees BRF upgrade and $40m Binghatti deal

BRF will upgrade its factory in Kizad by 28,000 tonnes next year, four years ahead of schedule, as Binghatti Holding announces plans to build a US$40.8m food facility in Kizad.

Ishida bags Almarai poultry project, makes sales at GFM

Almarai has installed a 37,000 bird-per-hour poultry processing line from Ishida, the Japanese firm announced, as it revealed it also made an on-floor sale at Gulfood Manufacturing.

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