DFM and DWTC to host IPO summit in Dubai

Gulfood 2023: Over 5,000 exhibitors to participate this year

The 28th edition of the exhibition is being held at the Dubai World Trade Centre

Almarai

Saudi’s Almarai completes acquisition of International Dairy and Juice for $68m

The purchase was funded from Almarai’s internal cash flows

AeroFarms opens faciltiy on Abu Dhabi photo WAM

AeroFarms debuts AgX indoor vertical farm in Abu Dhabi

At 65,000 square feet, AeroFarms AgX is the largest indoor vertical farm of its kind for research and development in the world

Dubai pilots autonomous food delivery robots

Dubai trials food delivery robots

Three robots will serve the residents of Cedre Villas, a gated community in Dubai Silicon Oasis

UAE's GMG acquires Aswaaq to expand retail footprint

UAE’s GMG acquires Aswaaq to expand retail footprint

The acquisition adds a total of 11 community malls and 22 supermarkets to GMG’s retail network

vertical farms

Saudi’s PIF partners with AeroFarms to build indoor vertical farms across MENA

The first farm, to be built in Saudi Arabia, will have an annual production capacity of up to 1.1 million kgs of crops

UAE's Pure Harvest enters strategic partnership with Saudi's NADEC

Pure Harvest enters strategic partnership with Saudi’s Nadec

The two entities aim to assist in the transition towards greater food security and water conservation in the kingdom and GCC

Agthia Group

Agthia Group reports 14% rise in net profit for 2022

Agthia Group’s total assets stood at Dhs6.8bn as at December 31, 2022

Mohammad Al Falasi AVP Emirates Flight Catering

Interview: Mohammad Al Falasi, assistant vice president, Emirates Flight Catering

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 and Project Chaiwala

Apparel Group, UAE home-grown concept Project Chaiwala sign partnership

Apparel Group’s five-year plan is to grow the Project Chaiwala brand by increasing its retail footprint across the GCC

Dubai Chambers WAM

Dubai Chamber of Commerce launches 4 new business groups

The chamber plans to increase the number of sector-specific business support groups to 100 by March 2023

Tech ology can help address food security challenges by Dr Ray O Johnson

Opinion: Technology can help address challenges impacting food security

The development and adoption of advanced technology is critical to averting negative impacts on our food systems

Deliveroo Round-Up Feature

Deliveroo UAE launches in-app ’round-up’ feature to support Emirates Red Crescent, other partners

All funds raised will be donated to communities in need across the UAE by Emirates Red Crescent

shahzad - the co-kitchen

Dubai’s DET unveils ‘The Co-Kitchen’, the first kitchen incubator under DBIN

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 X Waste lab (1)

UAE-based Right Farm, The Waste Lab partner to support sustainability

Right Farm and The Waste Lab will collaboratively work towards minimising and repurposing food wastage

GMG and Silal sign MoU to drive collaboration in food sector

UAE retailer GMG, Silal sign MoU to drive collaboration in food sector

GMG will support up to 1,100 farms contracted with Silal to bring fresh local produce to consumers directly sourced from local farms

Limestone Lab announces partnership with Aura Hospitality Group

The collaboration will see Limestone Lab’s Social Distrikt venue open in Qatar, launching as the second branch of the experiential urban food hall

Prince Khaled’s KBW Ventures invests in US-based foodtech startup

The funding round will help Black Sheep Foods scale up production for its debut lamb made from plants

UAE's Agthia Group partners with AD Ports Group to enhance supply chain connectivity

UAE’s Agthia Group partners with AD Ports Group to enhance supply chain connectivity

Both companies will collaborate to optimise Agthia’s logistics operations

Agthia completes acquisition of majority stake in Auf Group

Agthia completes acquisition of majority stake in Egypt’s Auf Group

Agthia has acquired 60 per cent of the Auf Group, with the Egyptian company’s founders retaining a 30 per cent stake

Nestle to invest $1.9bn in Saudi Arabia over next decade

The plant, set to open in 2025, will serve Saudi Arabia and export markets in the Middle East and North Africa

Mideast KFC operator Americana raises $1.8bn from IPO

Mideast KFC operator Americana raises $1.8bn from IPO

Americana will be the first company to have its shares traded in both Riyadh and Abu Dhabi

americana courtesy WAM

KFC operator Americana doubles UAE retail offer for IPO

The subscription periods remain unchanged and will continue until November 21, for individuals and other investors in the UAE and Saudi Arabia

Sustainable

Leveraging the power of sustainable cold chains to safeguard food security

According to recent research, approximately one third of the food produced is getting wasted which puts pressure on consumers to change their behaviour

KFC

Gulf KFC operator seeks up to $1.8bn from Saudi, UAE IPO

The final offer price is expected to be announced on November 23 and trading on both exchanges will start December 6

ADNOC Distribution

ADNOC Distribution reports 39% rise in nine-month net profit

The company’s non-fuel transactions increased by 18 per cent during the period

Gulfood manufacturing Photo WAM

Gulfood Manufacturing 2022 concludes on a successful note

The three-day event saw global participation and highlighted key issues impacting food production and food service sectors

Agthia

UAE’s Agthia Group reports 14% rise in net profit for Q3 2022

The group’s total assets stood at Dhs6.6bn as of September 30, 2022

Evren Ozlu

Insights: Why food security is a pressing priority in the IMETA region

Twenty per cent of livestock production is lost to disease every year, while one-third of all food produced is wasted

Mark Napier VP Director DWTC

Insights: How food producers can leverage sustainability-linked financing

The global food production industry is increasingly turning to green financing as a way of mitigating its impact on the planet