Friday 29 March 2024
 
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Food Industry

GCC food industry experts to discuss VAT effects

With the official implementation of Valued Added Tax (VAT) across the Gulf region in January, the ripple effect of the region’s first applied taxation on all goods and services is a pressing concern across the majority of industries functi

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GCC food industry experts to discuss VAT effects

With the official implementation of Valued Added Tax (VAT) across the Gulf region in January, the ripple effect of the region’s first applied taxation on all goods and services is a pressing concern across the majority of industries functi

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Boom time for GCC halal food industry

With the total food import to the Gulf region set to grow two-fold to hit $53.1 billion by 2020, the regional halal food industry is poised to grow at a fast pace in the coming years, said participants at a recent international halal event in Sh

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Mideast halal food industry to hit $8.4bn

Halal food and products trade in the Middle East is expected to grow from $3.6 billion in 2010 to $8.4 billion in 2020, said Dr Rashid Ahmed Bin Fahad, UAE Minister of Environment and Water. He was speaking ahead of the upcoming g

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Sial attracts $350m worth of deals

The second edition of Sial Middle East, the regional show of the world’s largest food industry exhibition, concluded last week in Abu Dhabi with Dh1.3 billion ($350 million) worth of deals inked at the event. The exhibition, whi

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Radical changes 'needed in food industry'

Shifting consumer preferences in the Middle East call for radical changes in the way regional food makers develop and market their products, says an industry expert. “Today’s consumers are looking at the food products they buy from a whole

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Over 100 French companies at Gulfood 2011

More than 100 French exhibitors are participating in Gulfood 2011, with 60 companies at the French pavilion for food, beverages and ingredients and over 40 at the French Pavilion for equipment and process. French agrifood exports to the Mi

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Abu Dhabi to host largest food industry event

The Abu Dhabi National Exhibition Centre is to host SIAL Middle East, the first local offshoot of the world’s largest food industry event, from November 22 to 24. The foodservice market in the Middle East is worth an estimated $31 billion.

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Coke CEO urges food industry to invest in poor regions

The food and beverage industry must invest in poor communities to sustain the world’s food supply as it moves towards an increasingly uncertain future, said Coca Cola's newly-appointed global CEO. Muhtar Kent was delivering the keynote add

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