The subscription period for UAE retail investors will run from April 23-29, and for professional investors until April 30
In a statement, the company said that Awad Farouk Al-Desouki is no longer CEO at Saudi Fisheries, effective from 15 April 2024
The IPO involved the offering of 24,549,600 shares, constituting 30 per cent of the company’s issued share capital
Traders estimate that India accounts for more than half of all onion imports by Asian countries
The strategy, which envisions investments in supply chain and tech capabilities, will be financed from the company’s operating cash flow
The company is owned by Abu Dhabi wealth fund ADQ and distributes 500,000 metric tonnes of fresh fruits worldwide per year
Agri Terminals will be Dubai’s largest multi-tenant facility for integrated agricultural processing and silo storage
Dubai Municipality conducted a 65,230 inspections across over 26,000 registered food institutions in 2023
Americana is the regional franchisee for brands such as KFC, Hardee’s, and Pizza Hut
Romantics in the UAE choose to celebrate Valentine’s Day by embracing experiences over traditional gifts
The vertical farm uses 90-95 per cent less water than conventional farms
Fresh poultry sales, the key contributor to FY 2023 profits, rose 18 per cent to SAR1.73bn over the previous year
Diversification into new sectors and strategic acquisitions fuelled growth, with preliminary net profit remaining strong at Dhs32.75bn
The acquisition strengthens Ghitha’s logistics and aviation, cementing its leadership in the regional food trading sector
MBRGI signed a letter of intent to enable the grant with UpLink Platform on the sidelines of the World Economic Forum, taking place in Davos
Mohammed bin Rashid Al Maktoum Global Initiatives has inked a new agreement with WFP to implement sustainable food projects and deliver food aid
The transition to a green economy is already underway and the food industry can play its part by switching to green and eco-friendly packaging materials
The UAE’s food and beverage sector is going from strength to strength, according to report released by a body representing the industry
Erth, an Emirati restaurant is the latest entrant to the ‘star’ line-up
ReFarm and IGS announced the partnership from their demonstration facility in Dubai
The CEO of GMG shares the retail giant’s global expansion strategy, and how its growth is driven by innovation and powered by excellence
Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment unveiled the roadmap at the fourth National Dialogue on Food Security
The company reported a 12.7 per year-on-year increase in profit to Dhs205.6m, with the faster rate of growth relative to revenue
Egypt has been able to reclaim some desert as it seeks to feed a growing population but still only cultivates about 4 per cent of its total land area
A joint venture of Tahaluf and the Ministry of Environment, Water and Agriculture, the event is a key and influential platform for regional and global players in the food and beverage sector
The agtech firm said the deal will strengthen its presence in the hospitality, restaurant, and catering segments
The group currently has 285 outlets in the GCC region and 22 in India as part of the Tim Hortons portfolio
GMG is helping advance national efforts to develop sustainable food production systems through modern technologies while enhancing local production
The traceability feature is accessible by scanning the QR code of a Silal Fresh product through the Silal App
The partnership is expected to significantly boost food security and self-sufficiency in poultry products in Saudi Arabia