11-Sep-2014 - UN agencies are stepping up emergency food and agricultural assistance in Iraq, thanks in part to large donations from Saudi Arabia.
GCC states’ growing demand for food represents a major opportunity for Australian farmers, according to Qatar-owned agricultural firm Hassad Australia.
Indian bakery firm Bakers Circle is building a US$6m plant in Dubai to expand its operations into the Middle East and Africa.
Gulf countries acquiring farmland in developing countries risk major backlashes, and should adopt long-term policies to avoid this, according to a report.
The recent conflict in Gaza has effectively halted local food production and caused US$450m-worth of damage to the territory’s agricultural infrastructure, the UN Food and Agriculture Organisation (FAO) warns.
The United Arab Emirates chocolate market is one of the fastest growing chocolate markets across the globe as big players such as Mars and Nestlé up their investment and others eye entry, according to TechSci Research.
The packaging market in the Middle East and North Africa (MENA) is valued at approximately $41.1bn in 2014 and is forecast to grow at a CAGR of 5.0% to $52.4bn by 2019, according to Smithers Pira.
An ingredients firm has reported a dramatic increase in sales of its organic products for the third year running.
Saudi Arabia’s poultry production is growing strongly, but disease and feed costs are thwarting the kingdom’s aim of domestic self-sufficiency, according to a US Department of Agriculture report.