#Food

spinneys IPO to see 900 million shares listed image courtesy spinneys

Spinneys IPO: Food retailer to list 25% of shares on DFM

The subscription period for UAE retail investors will run from April 23-29, and for professional investors until April 30

Ramadan - food

Ramadan reflections: Crafting a sustainable future by reducing food wastage

Hospitality, especially during Ramadan, needs to reflect a conscious move away from overindulgence to crafting a sustainable future through reducing food wastage

Modern Mills Company starts trading on tadawul after successful IPO GettyImages-1057624978-e1636003123118

Modern Mills Company debuts on Tadawul; IPO generated $40bn in orders

The IPO involved the offering of 24,549,600 shares, constituting 30 per cent of the company’s issued share capital

In numbers: Dubai registers 1.5 million food products in 2023 Getty Images For illustrative purposes

In numbers: Dubai registers 1.5 million food products in 2023

Dubai Municipality conducted a 65,230 inspections across over 26,000 registered food institutions in 2023

tanmiah FY 2023 results Image courtesy Tanmiah

Saudi’s Tanmiah sees net profit rise 19.4% riding on poultry sales

Fresh poultry sales, the key contributor to FY 2023 profits, rose 18 per cent to SAR1.73bn over the previous year

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

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

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

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

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

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

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

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

Abu Dhabi's ADQ, IHC look to merge with Q Holding Image GettyImages-1366647006

ADQ, IHC Capital propose merger with Q Holding to create $12bn entity

The proposed transaction would create one of the largest real estate, hospitality, events and catering platforms in the region

McDonald's UAE Umm Suqeim All-female Team at restaurant launch Image McDonald's UAE

McDonald’s UAE opens first outlet with all-female staff, features partial solar PV roof, EV charging ports

The latest venue features another ‘first’, as the branch has also introduced curbside ordering, allowing customers to place orders digitally from designated parking spaces

al khayyat investments _ interview with Managing director Zaid Al Khayyat Image Supplied

Zaid S Al Khayyat of Al Khayyat Investments shares the company’s expansion plans

The holding company’s managing director highlights how the company has been charting its growth path as it supports Dubai’s grand economic vision

Bateel Bakery Image credit Bateel

Bateel International expands culinary portfolio with launch of Bateel Bakery

The new concept is backed by a rapid expansion plan in the region and internationally, across malls, commercial centres, airports and standalone street locations

Snack

Introducing the snack bag of the future

Snack companies are looking at alternative packaging materials due to consumer demand and potential regulations

Operation Falafel

Operation Falafel adds two new outlets to its UAE portfolio

Both outlets will serve a Middle Eastern menu largely focused on sandwiches, platters and an option to build your own bowl

Oreo Cafe

Oreo Cafe opens at Doha’s Hamad International Airport

The cafe in the new North Node offers a wide selection of sweet inventions including Oreo milkshakes, muffins and cheesecakes

Ramadan - food

Meals to make Eid Al Fitr truly festive

Treat your loved ones to unique gourmet experiences this Eid

Sheikh Mohammed 1 Billion Meals Endowment campaign raises Dhs247m in first week

Ramadan 2023: 1 Billion Meals Endowment campaign raises Dhs247m in first week

The campaign received donations from 13,220 major contributors, individuals, businesses and public and private sector players

GMG's new Dubai Investment Park facility is one of the UAE’s largest food manufacturing facilities

GMG eyes global expansion, launches four food manufacturing units

GMG’s Dubai Investment Park facility – one of UAE’s largest food manufacturing facilities – includes three factories to process added-value meat, poultry, and seafood items

ADQ AgTech Park commences operations with vertical farming project

ADQ’s AgTech Park begins operations, launches vertical farming project

At full scale, the 200-hectare AgTech Park will target production volumes of over 40 kilotonnes of fresh fruits and vegetables annually

Middle East and tackling food security

Here’s how the Middle East can feed the world sustainably

GCC countries could produce food cheaply from bioreactors because their renewable energy costs can be lower than the global average

Plant-based meat

Dubai opens 100% plant-based meat factory

Dubai Industrial City will be home to IFFCO’s Thryve factory, which is catalysing the move towards a healthier food supply chain

RedSea and Saudi Downtown Company sign MoU

PIF-owned Saudi Downtown Company, RedSea to work together

The new partnership, underscored by an MoU, aims to build and operate RedSea greenhouses at SDC locations