Ghitha Holding acquires 44 per cent stake in MNG Airlines Image Supplied

IHC’s Ghitha Holding acquires $211.2m stake in MNG Airlines

The acquisition strengthens Ghitha’s logistics and aviation, cementing its leadership in the regional food trading sector

Davos: MBRGI, WEF announce Dhs11m grant for food innovation initiatives

Davos: MBRGI, WEF announce Dhs11m grant for food innovation initiatives

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

MBRGI and WFP Dhs43m-contributed-to-food-support-in-Gaza-GettyImages

Gaza relief: UAE’s MBRGI contributes Dhs43m in direct food aid

Mohammed bin Rashid Al Maktoum Global Initiatives has inked a new agreement with WFP to implement sustainable food projects and deliver food aid

two poke bowls - packaging

Fast-food chains: 9 steps to making the switch to sustainable packaging

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

millet

Food, beverage is UAE’s second biggest sector after oil – report

The UAE’s food and beverage sector is going from strength to strength, according to report released by a body representing the industry

Michelin Guide Abu Dhabi 2024 Image supplied

Abu Dhabi: Here are the UAE capital’s latest Michelin starred restaurants

Erth, an Emirati restaurant is the latest entrant to the ‘star’ line-up

food

Food Tech Valley’s ‘GigaFarm’ capable of growing 2 billion plants

ReFarm and IGS announced the partnership from their demonstration facility in Dubai

gmg CEO Mohammed A Baker

Cover story: GMG’s Mohammed A Baker has a bold vision for his company

The CEO of GMG shares the retail giant’s global expansion strategy, and how its growth is driven by innovation and powered by excellence

UAE to reduce food loss and waste by 50% by 2030, ne’ma roadmap unveiled Image Supplied

UAE targets reducing food loss, waste by 50% by 2030

Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment unveiled the roadmap at the fourth National Dialogue on Food Security

Agthia Group’s nine-month revenue soars 10.9%

UAE’s Agthia Group posts Dhs3.27bn in nine-month revenue

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 - WHEAT - BRICS

UAE agribusiness in talks to acquire land in Egypt: Report

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

InFlavour Food and Beverage Expo

Saudi Arabia to host InFlavour Food and Beverage Expo in October

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

Agtech firm Silal buys majority stake in SAFCO

ADQ-backed Silal acquires majority stake in SAFCO Group

The agtech firm said the deal will strengthen its presence in the hospitality, restaurant, and catering segments

TIM HORTONS

Grab a Double Double: Tim Hortons marks 300 stores in GCC and India

The group currently has 285 outlets in the GCC region and 22 in India as part of the Tim Hortons portfolio

Mohammed A Baker, deputy chairman CEO of GMG Image Supplied

Global wellbeing conglomerate, GMG, is focused on supporting UAE’s food security strategy

GMG is helping advance national efforts to develop sustainable food production systems through modern technologies while enhancing local production

Silal launches food tracking system powered by blockchain tech Image Silal X

Farm to fork: Abu Dhabi’s Silal launches blockchain-powered food tracking system

The traceability feature is accessible by scanning the QR code of a Silal Fresh product through the Silal App

Tanmiah, Ukraine’s MHP invest in poultry value chain

Ukraine’s MHP, Tanmiah invest in Saudi Arabia’s poultry value chain

The partnership is expected to significantly boost food security and self-sufficiency in poultry products in Saudi Arabia

Samsung Food

Samsung Food, an AI-powered food and recipe service now available globally

The platform will act as a personalised assistant that helps users discover new dishes, create tailored meal plans and order ingredients online

Subway bought by Roark Capital

Subway, Dunkin’ now a package deal? Sandwich brand bought by Roark Capital

Transaction combines Subway’s global presence and brand strength with Roark’s deep expertise in restaurant and franchise businesses

China bans seafood from Japan

China bans seafood from Japan, restaurants brace for cost jump

Beijing curbs food imports from multiple prefectures in Japan as Tokyo begins to release wastewater from Fukushima into the Pacific

Khaby Lame partners with Talabat

World’s biggest TikTok star Khaby Lame partners with Talabat in Egypt in new ad

Talabat’s collaboration with the TikTok star aims to target Egypt’s young demographic while expanding its reach

Delektia

SME Story: Interview with Ali Wahoud, founding investor at Delektia

The company is an example of a non-tech venture gaining significant traction in the dynamic Middle Eastern startup landscape

Coffee brand caffe vergnano CEO Carolina Vergnano Image supplied

Exclusive: Caffè Vergnano’s CEO shines the spotlight on UAE’s coffee culture

The UAE has become a hub of speciality coffee, with the young generation invested in learning about coffee, and opening specialty coffee shops, says Carolina Vergnano

DWTC’s hospitality arm reports 32% growth in H1 2023

DWTC’s hospitality arm reports 32% growth in H1 2023

The first half of 2023 witnessed the team’s service at 1,166 events, including royal weddings

Agthia Group is fostering UAE’s food security strategy

Exclusive: Alan Smith on Agthia Group’s growth and food security strategy

The group’s CEO explains how they are setting an example for the industry, contributing to UAE’s food security strategy

Al Dhara and ADEX to supply wheat to Egypt in $500m deal image WAM

Al Dahra, ADEX partner to supply wheat to Egypt in $500m deal

Al Dahra currently farms 28,000 hectares in Egypt that help sustain the country’s food security by producing staple crops

Tanmiah posts SAR983.1m in H1 revenues

Tanmiah H1 revenue surges to SAR983.1m on poultry sales

The food manufacturer’s half-year profit increased by 2.2 per cent to SAR32.4m from SAR31.7m a year earlier

Lulu Mall in Fujairah

Lulu to raise $2.7bn ahead of possible IPO

The Abu Dhabi-based hypermarket chain is realigning its capital structure before a possible listing in 2024 after delaying those plans this year

rice price

Soaring rice prices stretch budgets for billions in Asia, Africa

Rice contributes as much as 60 per cent of total calorie intake for people in parts of Southeast Asia and Africa

India’s rice export ban sparks concern that sugar may be next

Uneven rainfall across the country’s agricultural belts has stoked concern that sugar production will fall short