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Saudi Arabia to slap 50pc tax on soft drinksSaudi government is planning to levy a 50 per cent tax on soft drinks starting from the second quarter of 2017, said a report. The levy was announced as Saudi Arabia unveiled the state budget plan for the fiscal year 2017, accordi More… |
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Oman firm to produce bottled water, soft drinksOman-based Al Batinah Development and Investment Holding’s board has decided to invest in a project to produce bottled water, soft drinks and juice in Saham (North Batinah), said a report. Al Batinah will invest 35 per cent More… |
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Sugary drinks linked to higher stroke riskWomen who imbibe sugary soft drinks almost every day are 83 percent more likely to have a certain type of stroke than women who rarely drink sodas and other sweetened beverages, according to a Japanese study. More… |
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Coca-Cola backs African water programsThe Coca-Cola Africa Foundation has announced that $6 million will be dedicated to water and sanitation partnerships for improving the lives of nearly 250,000 women and girls in Africa. Through RAIN, which will provide at least 2 million p More… |
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AUB hosts seminar on business partnershipsThe American University of Beirut (AUB) and Coca-Cola recently held a marketing seminar entitled ‘Business Partnerships for Development: The Case of the National Beverage Company (NBC) in the West Bank and Gaza,’. The panel was open to AUB More… |
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DRC to build $109m soft drinks factoryDubai Refreshment Company (DRC), the sole franchisee of PepsiCo products in Dubai and Northern Emirates, will build a new, Dh400 million soft drinks factory and warehouse facility at Dubai Investments Park (DIP). DRC has acquired 140,000 s More… |
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Bahrain soft drinks probe to go publicBahrain will make public the outcome of a probe into why two soft drinks giants raised their prices here by 50 per cent, officials have revealed. Industry and Commerce Ministry officials have been studying Coca Cola and Pepsi's account More… |
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Bahrain soft drinks plant given all-clearA soft drinks factory that was shut down more than three weeks ago after 'foreign bodies' were found in one of its products is to reopen soon, it was revealed. The Health Ministry has given the Refreshment Trading Company bottling More… |
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Soft drinks plant in Bahrain will stay closedA soft drinks factory in Bahrain that was shut down nine days ago after 'foreign bodies' were found in one of its products could remain closed for another week, it has emerged. Fungus was found in a bottle of Crush bought at a Muha More… |
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Soft drink majors to help with Bahrain price probeSoft drink giants Coca Cola and Pepsi have agreed to fully co-operate and share necessary details with the Bahrain government to prove their recent price hike is inevitable. Industry and Commerce ministry has instructed both companies to s More… |
