Saturday 2 August 2014

Jadwa’s fund sells Gulf Union Foods stake

Jadwa Investment, a Saudi Arabian private equity house and investment bank, said its Food and Beverage Opportunity Fund has sold its 30 per cent stake in Gulf Union Foods Company (GUFC), a leading beverage producers, to Olayan Financing Company. 


Eat chocolate, not sugar

MycoTechnology, a food technology company has developed a new process using gourmet fungi (mushrooms) to reduce the bitterness in cocoa beans that it believes will cut sugar content in chocolate candy. "We use mushrooms that we train specifically to remove unwanted aspects o


Qatar 2022 probe report delayed till Sept

An investigation into the decision to award the 2022 World Cup to Qatar, initially scheduled for completion this month, is only likely to be finished in September, Fifa said in a statement.   "We expect to deliver our r


Bahrain wastes 400 tonnes of food per day

Bahrain is expected to generate more than 400 tonnes of food waste per day during Ramadan, according to a report by Supreme Council for Environment's waste disposal unit.   The GCC countries stand out as among the world&

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