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Dubai is 'key global trading hub for food industry'Dubai World Trade Centre and trade commissioners from around the world gathered to discuss the growth in food exports to the Menasa region that is being facilitated by Dubai, the region’s most important international trading hub. In a sign More… |
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UAE's Hakan Agro to expand Sudan operationsDubai-based food trading firm Hakan Agro DMCC is poised to expand its operations in southern Sudan but awaits the outcome of a referendum next month, which will likely see the south secede, its managing director said. The United Arab Emira More… |
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Food prices drop in BahrainThe prices of 38 food products in Bahrain have decreased substantially compared with last month's indices. Traders, importers and owners of dealerships revealed the positive price trends as Industry and Commerce Minister Dr Hassan Fakh More… |
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Kraft Foods posts strong Q3 resultsKraft Foods Inc's global net revenue for the third quarter grew 19.4 per cent to $10.5 billion while operating income rose 17.1 per cent to $1.0 billion. In developing markets, which includes the Middle East and Africa, organic net revenue More… |
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20-strong Malaysian team at Halal ExpoMore than 20 companies from Malaysia are participating in ‘Halal Expo 2008’, the definitive event for the Halal industry in the region, which is slated to run from November 24 till 26, in Dubai. The country is eyeing the $5.52 billion UAE More… |
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Savola Q2 net plunges, operating profit upSavola Group, Saudi Arabia's largest food products firm by market value, posted a 66.3 per cent drop in second-quarter profit after a one-off gain from an asset sale bolstered profit a year earlier. Profit from operations rose 67 percent a More… |
