The acquisition adds a total of 11 community malls and 22 supermarkets to GMG’s retail network
The first farm, to be built in Saudi Arabia, will have an annual production capacity of up to 1.1 million kgs of crops
The two entities aim to assist in the transition towards greater food security and water conservation in the kingdom and GCC
Agthia Group’s total assets stood at Dhs6.8bn as at December 31, 2022
Emirates Flight Catering’s AVP tells us about the company’s diversification plans including private event catering, its focus on sustainability and the growing popularity of Emirati cuisine
Apparel Group’s five-year plan is to grow the Project Chaiwala brand by increasing its retail footprint across the GCC
The chamber plans to increase the number of sector-specific business support groups to 100 by March 2023
The development and adoption of advanced technology is critical to averting negative impacts on our food systems
All funds raised will be donated to communities in need across the UAE by Emirates Red Crescent
The Co-Kitchen provides entrepreneurs and startups with many advantages, including a low-cost platform to launch their projects without the need for huge investments
Right Farm and The Waste Lab will collaboratively work towards minimising and repurposing food wastage
GMG will support up to 1,100 farms contracted with Silal to bring fresh local produce to consumers directly sourced from local farms
The collaboration will see Limestone Lab’s Social Distrikt venue open in Qatar, launching as the second branch of the experiential urban food hall
The funding round will help Black Sheep Foods scale up production for its debut lamb made from plants
Both companies will collaborate to optimise Agthia’s logistics operations
Agthia has acquired 60 per cent of the Auf Group, with the Egyptian company’s founders retaining a 30 per cent stake
The plant, set to open in 2025, will serve Saudi Arabia and export markets in the Middle East and North Africa
Americana will be the first company to have its shares traded in both Riyadh and Abu Dhabi
The subscription periods remain unchanged and will continue until November 21, for individuals and other investors in the UAE and Saudi Arabia
According to recent research, approximately one third of the food produced is getting wasted which puts pressure on consumers to change their behaviour
The final offer price is expected to be announced on November 23 and trading on both exchanges will start December 6
The company’s non-fuel transactions increased by 18 per cent during the period
The three-day event saw global participation and highlighted key issues impacting food production and food service sectors
The group’s total assets stood at Dhs6.6bn as of September 30, 2022
Twenty per cent of livestock production is lost to disease every year, while one-third of all food produced is wasted
The global food production industry is increasingly turning to green financing as a way of mitigating its impact on the planet
Americana Restaurants International received approval to sell a 30 per cent stake, or 2.53 billion shares
The pact includes recommendations and actions that support the production and distribution of sustainable food systems and supply networks
The joint venture will increase local capabilities in halal food production and help develop Saudi Arabia’s poultry sector value chain
The company aims to localise knowledge, technology and innovation for the development of halal products, including foods, cosmetics, and pharmaceuticals