Packaged food company Mondelez International is set to build a $90-million biscuit plant at the Bahrain International Investment Park (BIIP) in bid to reduce costs and meet the growing demand for its biscuits in the Middle East and Europe.
Mondelēz International, the world's biggest snacks food company, said it has reached an agreement with DE Master Blenders 1753 to combine their coffee businesses to create the world’s leading pure-play coffee company, with annual reven
Amira Nature Foods, a leading global provider of packaged Indian speciality rice, plans to enter the organic food market in the UAE in the near future with increased focus on gaining larger market share across the EMEA region.
The government's backing for international investment by multinational companies was hailed yesterday as Mondelez International celebrated five successful years of operation at Bahrain International Investment Park (BIIP).
Kraft Foods, which has been present in Saudi Arabia through its products for close to 100 years, celebrated its launch as Mondelēz International, the world’s biggest snacking company, at its Nabrisco Arabia manufacturing plant in Dammam.
Leading global players from snack and confectionery industry will be in Dubai next month to tap the 'booming' Middle East market which has registered over 20 per cent year-on-year growth for the past three years.
Kraft Foods, the global snacks powerhouse, has announced the expansion of its Nabisco Arabia biscuit plant in Dammam in partnership with Saudi-based Olayan Group as part of plans to double its production capacity.
The Nabisco Ara
Kraft Foods said that splitting into two companies would lead it to cut about 1,600 jobs in North America this year and that its 2011 profit should be slightly higher than it had previously forecast.
About 40 per cent of the job cuts come
Paramount Farms, the world's largest supplier of pistachios and almonds, has launched its Wonderful Pistachios in the Middle East at an event in Dubai.
Wonderful Pistachios offer consumers a new line of delicious, all-natural, guilt-fr
Kraft Foods, the global snacks powerhouse, has launched the GCC’s first-ever squeezable cheese spread.
Kraft Original Squeese, which hit the stores recently, is the first cheese of its kind to be packaged in an easy-grip squeezable bottle.