Kingdom’s egg production not only meets domestic demand but also generates a surplus Saudi Arabia’s poultry sector has achieved complete self-sufficiency in table egg production, with output expected to exceed 8 billion eggs by 2024, according to the Ministry of Environment, Water, and Agriculture. The ministry noted that the Kingdom’s[Read More…]
Middle East
Indonesia’s Lemonilo expands to Qatar
This strategic expansion is made possible through the partnership with major retail chains, including the key account Al Meera, followed by Carrefour, Lulu, Monoprix, and Oqod Lemonilo, Indonesia’s leading brand for healthier consumer food, announced its expansion into Qatar. Starting from the first week of March 2025, Lemonilo’s highly popular instant noodle varieties from Indonesia, with[Read More…]
Saudi Savola Group reinforces business in Egypt
The inauguration aligns with the Saudi group’s objectives to strengthen its position in Egypt Savola Egypt, a subsidiary of Savola Group, has officially inaugurated its new headquarters (HQ) in New Cairo’s Fifth Settlement. The inauguration aligns with the Saudi group’s objectives to strengthen its position in Egypt, according to a press[Read More…]
CMA CGM Foundation and Egyptian Food Bank partner for food security
The collaboration kicks off with a large-scale Ramadan initiative, distributing 1,000 food parcels The CMA CGM Foundation and the Egyptian Food Bank have established a long-term partnership to support communities in need in Egypt. The collaboration kicks off with a large-scale Ramadan initiative, distributing 1,000 food parcels to support approximately[Read More…]
Tanmiah Food signs MoU with Griffith Foods
This collaboration aims to diversify Tanmiah Food Company’s product portfolio, expand regional distribution, and support the Kingdom’s Vision 2030 Saudi Arabia’s Tanmiah Food Company has announced the signing of a Memorandum of Understanding (MoU) with Griffith Foods, a global leader in product development and production specialising in customised food ingredient[Read More…]
Saudi’s NADEC partners with Hilton Foods for processing and packaging of red meat
The agreement aims to establish a joint venture (Limited Liability Company) in which NADEC will hold a 51 per cent stake in the new company’s capital Saudi Arabia-based National Agricultural Development Company (NADEC) announced the signing of a shareholders’ agreement with Hilton Foods Ltd. – United Kingdom, which is fully[Read More…]
How Significant is Indo-Emirate Partnership for Food Security & Agriculture?
The ambitious India-Middle East-Europe Economic Corridor (IMEC) unveiled at the G20 meeting The food processing sector in the United Arab Emirates (UAE) is thriving, driven by robust economic growth and elevated domestic consumption levels. The UAE hosts 568 primarily small and medium-sized food and beverage manufacturers, comprising more than 2,000[Read More…]
Saudi-Brazil partner to invest $150 Mn in poultry production and processing
The agreement was signed between Tanmiah Food Company, a leading Saudi food company, and Brazil’s Vibra Agroindustrial S.A Saudi Arabia’s Ministry of Environment, Water, and Agriculture announced the signing of a memorandum of understanding (MoU) aimed at enhancing food security and self-sufficiency in poultry production in Saudi Arabia. The agreement[Read More…]
UAE’s Agthia Group consolidates 10% stake in Egyptian company Abu Auf Group
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…]
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…]