Saudi Arabia

BRF to construct poultry plant in Saudi Arabia

BRF to construct poultry plant in Saudi Arabia

By Aidan Fortune

Poultry processor BRF has signed a Memorandum of Understanding with the Saudi Arabian General Investment Authority (SAGIA) to build and operate a plant in the country.

The GCC VAT had got food firms worries. ©iStock

Food firms worry about arrival of Gulf VAT

By RJ Whitehead

A Gulf-wide goods and services tax that will come into effect next year has been one of the main talking points among companies exhibiting at Gulfood Manufacturing this year, with its ripple effect likely to impact business in the food industry.

Phil Hogan will lead a diplomatic offensive to halal-dominated food markets in the Middle East

Hogan to lead Middle East agri-food trade mission

By Oscar Rousseau

European commissioner for agriculture and rural development Phil Hogan will front an autumnal trade mission to Saudi Arabia and Iran in what could unlock lucrative new deals for halal meat traders.

Vimto gears up for bumper Ramadan

Vimto gears up for bumper Ramadan

By RJ Whitehead

Despite “challenging” times in its home market, Vimto manufacturer Nichols is expecting another strong performance during the Ramadan season in the Middle East.

Brazil's agriculture minister Blairo Maggi said the move is 'good news' for meat exporters

Hong Kong restores Brazilian meat trade

By Oscar Rousseau

Hong Kong is the latest key importer to have lifted a ban on Brazilian meat, after China and Egypt eased restrictions earlier this week.

BRF said Turkey is one of the world's largest poultry markets for halal meat

BRF to buy Turkey’s Banvit in $470m venture

By Oscar Rousseau

Brazilian meatpacker BRF SA and Qatar’s sovereign wealth fund have agreed to buy outright the largest poultry producer in Turkey, Banvit, in a joint venture worth $470m. 

Mezzan buys majority stake in Saudi’s Al Safi for $24m

Mezzan buys majority stake in Saudi’s Al Safi for $24m

By RJ Whitehead

One of the Gulf’s biggest food and beverage companies has completed the acquisition of 70% of Al Safi Food, effectively granting it a local platform to manufacture and distribute food and beverage products in the Kingdom. 

Saudi merger turns Foodpanda profitable in Middle East

Saudi merger turns Foodpanda profitable in Middle East

By RJ Whitehead

Global online food delivery company Foodpanda has announced a deal to merge its Hellofood business with HungerStation in Saudi Arabia to create a market leader in one of the world’s biggest food delivery markets.

Mezzan reports slow growth ahead of Saudi JV

Mezzan reports slow growth ahead of Saudi JV

By RJ Whitehead

Kuwait’s Mezzan Holding, one of the Middle East’s biggest manufacturers and distributors of food and beverages, has reported in an increase in second-quarter revenue of 2.4% over the same period in 2015 to KWD52.8m (US$175m), and a 3.9% increase in year-to-date...

Mazola signs UAE distribution deal as GCC consumption grows

Mazola signs UAE distribution deal as GCC consumption grows

By RJ Whitehead

Global cooking oil major Mazola is placing its focus on expanding even further into the Middle East’s growing non-retail sector by appointing Farm Fresh as its new distributor for food-service business in the UAE.

Mezzan buys into KSA’s Al Safi for $25m

Mezzan buys into KSA’s Al Safi for $25m

By Eliot Beer

Kuwaiti food conglomerate Mezzan Holding will buy into Saudi Arabia’s Al Safi Food for up to US$25m, while EIP, one of the buyers of Diamond Meat Processing, eyes further purchases.

Valleyfresh puts down KSA roots

Valleyfresh puts down KSA roots

By Eliot Beer

Australian produce distributor Valleyfresh has announced it will open an office in Saudi Arabia in a bid to expand its operations and strengthen its relationships in the Middle East.

The zebu cow is the breed that will supply the majority of Fauji Group's beef

Pakistan launches its biggest halal plant

By Shahid Husain, in Karachi

Pakistan’s largest conglomerate, the Fauji Group, has launched the country’s biggest halal abattoir, meat processing and exporting unit near Port Qasim, Karachi.

© iStock

Spinneys and Multibrands go under the hammer

By Eliot Beer

US private equity firm TPG Capital may buy Spinneys Egypt for US$100m, as Gulf Capital announces the acquisition of GCC food distributor Multibrands to target the fast-growing Saudi F&B market.

©iStock

Brazil agri exports extend regional reach

By Eliot Beer

Brazilian agribusiness exporters are expanding their markets in the Middle East, as poultry sales boom, Saudi rice imports ramp up, and live cattle exports to Egypt are set to resume.

'In Saudi Arabia they have huge restrictions on energy drinks – in summary, you can do nothing – you can’t do tastings, advertising, sponsorship, nothing,' says one brand in the region. © iStock.com / lowkick

Saudi Arabia smacks energy drinks with new fines

By Eliot Beer

Saudi Arabia has announced further restrictions on energy drinks, with fines to be levied against outlets serving the beverages, but the impact will be minimal, according to Euromonitor.

KSA shoppers still unsure of online quality

KSA shoppers still unsure of online quality

By Eliot Beer

Saudi consumers are starting to embrace online grocery shopping, but buying patterns show concern for food quality trumps convenience, according to research from Payfort and toDoorstep.

© iStock / yelo34

Bartlett plans potato push in ME

By Eliot Beer

British potato producer Albert Bartlett is pushing ahead with its expansion into the Middle East through its Al Dahra Bartlett JV, with more UAE marketing and plans for Saudi retail.

US Meat Export Federation:

US ‘disappointment’ at lingering KSA beef ban

By Eliot Beer

US beef exporters are “bitterly disappointed” at Saudi Arabia’s continued ban of their products, even as other producers have bans lifted, according to a US Meat Export official.

The move to BAP standards will 'enhance the responsible and sustainable expansion of all facilities related to aquaculture,' according to the Saudi Aquaculture Society. © iStock / Defun

Saudi signs up to BAP aquaculture standards

By Eliot Beer

Saudi Arabia has adopted the Best Aquaculture Practices (BAP) certification scheme for all aquaculture projects, with all existing firms required to gain BAP certification this year.

The Middle East is one of Del Monte’s fastest-growing global markets, with regional revenues up 5.5% to US$140m for the third quarter of 2015.

Del Monte eyes KSA and Jordan farms

By Eliot Beer

Del Monte is planning to acquire farms in Saudi Arabia and Jordan, to add to its current UAE and Turkey sites, and is planning new regional product launches at Gulfood.

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