This strategic move aligns with Agthia’s ambition to drive growth in high-potential categories and build on successful partnerships Agthia Group PJSC, a leading regional food and beverage company based in Abu Dhabi announced the consolidation of an additional 10 per cent stake in Abu Auf, a leading Egyptian healthy snacks[Read More…]
Company News
Unilever appoints Fernando Fernandez as CEO
Fernando had a successful tenure as President of Beauty & Wellbeing, one of Unilever’s fastest-growing businesses Unilever announced that Hein Schumacher is stepping down as Chief Executive Officer and as a Board Director on 1 March 2025 by mutual agreement, and will leave the company on 31 May 2025. Fernando[Read More…]
Cakebar Katong unveils Singapore’s first 24/7 self-pickup cake kiosk
Cakebar emerges as a fresh contender with its automated cake kiosk, aiming to make a dent in the confectionery market Cakebar Katong introduces Singapore’s first 24/7 self-pickup cake kiosk, marking a significant shift towards innovative unmanned store concepts. Setting a new standard in customer convenience, this pioneering initiative at its Katong outlet[Read More…]
Singapore’s Olam Group to divest majority stake in Olam Agri to SALIC
This strategic divestment follows SALIC’s earlier acquisition of a 35.43 per cent stake in Olam Agri in December 2022, valued at $3.50 billion Singapore-based Olam Group Limited (OGL) has announced its decision to sell a controlling 80.01 per cent stake in Olam Agri Holdings to Saudi Agriculture & Livestock Investment[Read More…]
French study says eating more vegetables may cut liver cancer risk by 65%
These findings suggest that public health initiatives aimed at individuals with liver disease should prioritise promoting vegetable consumption A new study published in JHEP Reports underscores the potential protective role of vegetable consumption in reducing the risk of hepatocellular carcinoma (HCC) among patients with liver cirrhosis. The research in France[Read More…]
Reborn Coffee Dubai drives European expansion into Vienna, Florence, Prague
Strengthening global presence with premium speciality coffee, tea, and bakery experiences across Europe Reborn Coffee, a leader in the speciality coffee market, announced that Reborn Coffee Dubai, the Middle Eastern hub of Reborn Coffee’s international expansion, is spearheading a bold new initiative to establish flagship locations in Europe. Openings are[Read More…]
EU agrees to reduce food waste and set new rules
The agreement also provides for the voluntary donation of unsold food that is safe for human consumption as an important aspect of reducing food waste The Council presidency and European Parliament representatives reached a provisional agreement on the targeted revision of the waste framework directive, setting EU targets for food[Read More…]
Lufthansa launches new dishes in business class on short and medium-haul routes
The new meals were created jointly by celebrity chef Johann Lafer, Lufthansa’s culinary teams and catering partner Gate Gourmet Lufthansa is improving the travel experience of its passengers with new meals on short and medium-haul flights in Business Class from February 26. The new catering concept offers travelers even more[Read More…]
Australia’s Western Sydney University helps students in need with fresh produce
Once harvested, the University then donates this home-grown produce to those in need At a time when the cost of living is hitting many people hard, Western Sydney University is helping deliver fresh, healthy produce to those who need it the most – including its students. Crates of colourful produce,[Read More…]
China’s HEYTEA partners with Adyen to brew global expansion
HEYTEA taps Adyen for its unified commerce technology and global acquiring capabilities to process payments in-store and online Adyen, the global payments platform of choice for many of the world’s leading companies, today announced its partnership with HEYTEA, the originator of China’s “new-style tea” and creator of the iconic cheese tea (cheese cloud[Read More…]