13-Aug-2014 - The global Halal food market will be worth US$1.6tn by 2018, up from US$1.1tn in 2013, according to a report commissioned by Dubai Chamber of Commerce.
The Gulf Cooperation Council countries are key markets for New Zealand’s agriculture industry, and firms should be targeting them as a priority, according to a Rabobank report.
Following a major manufacturing upgrade, Mazola in the Middle East is targeting 25% growth in sales over the next two years, and plans to extend its range of products.
Abu Dhabi’s Agthia Group announces a first-half profit of US$28.5m, up 21% year-on-year, but says its consumer food division lost US$3.9m in the period.
Egypt has resumed imports of breeding animals from Australia, four months after agreeing to restart trade in livestock between the two countries, the Australian government announces.
Saudi food producer Savola Group announces second quarter profits of US$137m, up 32%, as it seeks to sell its packaging unit and its CEO reveals he is to step down.