08-Oct-2015 - An aquaculture project at Oman’s Almouj Marina has produced high-quality oysters with almost zero mortality, as researchers plan to refine the shellfish and ramp up production.
The Middle East and North Africa (MENA) nutraceuticals market will be worth US$9.1bn this year, with growth set to accelerate up to 2020, according to a new report from Future Market Insights.
KSA’s Halwani Brothers has made a bid to buy Egyptian sweet-maker Rashidi El Mizan, while Kellogg snaps up cereal maker Mass Food for US$50m.
Thompson Reuters has cut its growth forecast for the global Halal food market, saying the market will grow to just under US$1.6tn by 2020, instead of 2018 as predicted last year.
Food security has become less urgent for Middle East states, but many are still pursuing “macro food sovereignty” policies to ensure long-term supply, according to a SOAS academic.
Packaging supplier Linpac will set up a joint venture PET thermoforming facility in Saudi Arabia, in partnership with Zultec Group, the firms announced.