Friday 25 July 2014

Qatar's Hassad Foods buys key stake in Indian firm

Hassad Food, a unit of Qatar Investment Authority (QIA), said it has acquired a majority stake in Indian rice seller Bush Foods Overseas, which also specializes in value added processed foods and international brands.   Hassad Food


Radikal to reach 65 countries by year-end

Radikal, a leading Indian exporter of high-quality, nutritive and healthy food products, has announced that it is firmly on course with its aggressive expansion strategy to reach 65 countries, including those in the GCC, by end-2013.


UAE aims to look beyond India for rice

The UAE should diversify its rice imports to avoid a drop in supply as the lion's share of the grain is being bought from India, a study from the Ministry of Foreign Trade said.    Last year the UAE imported 8.8 million ton


India imposes export tax on basmati rice

India slapped export taxes on basmati rice and other products as the government unveiled a series of moves to tackle inflation fuelled by the rise in food prices. Finance Minister Palaniappan Chidambaram put various measures before parliam


India urged to lift rice export ban

A leading UAE businessman has stepped into the row over India's ban on the non-basmati rice exports claiming it will hit Gulf NRIs. Abu Dhabi Chamber of Commerce board member and prominent businessman M A Yusuffali has written to the India


India rice exports steady

India is likely to export 4.4 million tonnes of rice in 2007, almost the same as a year ago, the United Nation's Food and Agricultural Organisation (FAO) said in its latest outlook. The report said Indian rice export prices were expected t

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