Thursday 30 October 2014
 
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Sugar

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

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Egypt sugar project wins Islamic financing

Egypt's Al Nouran sugar production facility, a 2.5 billion Egyptian pound ($357 million) project, could begin operations in 2016 after securing a Sharia-compliant financing package, the project sponsors said. Al Nouran is expe

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Cut sugar intake drastically urges WHO

Adults should eat less than the equivalent of 6 teaspoons of sugar a day if they are to avoid health risks such as weight gain and tooth decay linked to sugary diets, the World Health Organisation said. Issuing draft guidelines ca

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New food labels to combat obesity

Packaged foods sold in the US would display calorie counts more prominently and include the amount of added sugar under a proposal to significantly update nutritional labels for the first time in 20 years as health officials seek to redu

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Moroccan royal firm sells stake in top sugar group

The investment arm of Morocco's royal family, SNI, sold a 24.5 per cent stake in Cosumar, its sole sugar supplier, to a group of local institutional investors, traders said, as it moves to divest some of its extensive holdings.

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Dubai refinery buys first Indian raw sugar in 2 years

Dubai's Al Khaleej sugar refinery, one of the world's largest, has bought the first cargoes of raw sugar from India in two years, rather than from its traditional supplier Brazil. Trade sources said Indian mills had incent

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Egypt scraps emergency sugar tariff

Egypt has scrapped emergency import tariffs on raw and white sugar, it said in a filing to the World Trade Organization. Egypt said in December it had imposed a "provisional safeguard measure" of 17 per cent of the CIF v

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Syria again tenders to buy 276,000T sugar

A Syrian state agency has again issued an international tender to purchase and import 276,000 tonnes of white refined sugar, offering payment from bank accounts frozen by Western sanctions, European traders said on Tuesday. Syria

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Syria struggles to tap frozen funds for food tenders

Syria's efforts to step up food purchases are being thwarted by sellers unwilling to risk delays in payments from frozen foreign bank accounts. Civil war and a deepening humanitarian crisis have prompted the government of Pres

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Global food prices fall over waning Mena imports

Global food prices fell by 2 percent in the latest four-month period, marking the third straight period of declines, on declining imports in the Mena region and lower demand, the World Bank said. Prices were down 12 percent from their A

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