Friday 26 December 2014
 
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Kuwaiti family mulls sale of Americana group

Kuwait's billionaire al-Kharafi family is looking to sell Americana, one of the Middle East's largest food companies, and has hired bankers to explore a deal, four sources familiar with the matter told Reuters. There is no

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Equity firm buys into Algerian Pepsi bottler

Africa-focused investor Emerging Capital Partners (ECP) said it is buying 33 per cent of Atlas Bottling Corp, an Algerian firm which bottles PepsiCo Inc's drinks. ECP is buying the stake from Group Mehri, a prominent Algerian

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Saudi council says $800m Pepsi deal 'illegal'

The SR3 billion ($800 million) PepsiCo franchise deal by the National Bottling Company, a division of Ahmad Hamad Al-Gosaibi & Brothers, has been termed illegal by the Competition Council of the Ministry of Commerce and Industry, a report sa

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Pepsico launches Eid gift drive for needy kids

PepsiCo has launched a new  campaign that will deliver a message and gift to a needy child during Eid. The participants in the Atta ‘Yalla Give Now’ campaign can write a personalised happy message online and choos

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Dubai Refreshments nets $16m in H1

Dubai Refreshments, the sole franchisee, manufacturer and distributor of Pepsi-Cola products in Dubai, Sharjah and Northern Emirates, has announced a net profit of Dh60 million ($16.33 million) in the first half of 2013. The first

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Pepsi launches global campaign with Beyonce

Pepsi has launched a new global advertising campaign with Beyonce in a creative collaboration with the American singer and actress. The campaign debuted in a special digital premiere on youtube.com/pepsi, followed by airings in mo

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Kraft chief bumps of Pepsi Nooyi from No1 spot

Kraft Foods boss Irene Rosenfeld is the most powerful woman in US business, Fortune magazine said on Thursday, bumping PepsiCo chief Indra Nooyi into second spot after five years on top. The 14th annual ranking was determined by the size a

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PepsiCo launches football event in Bahrain

PepsiCo Middle East and Africa, the regional arm of the leading consumer products company PepsiCo, has launched a football event in Bahrain with 384 teams participating from the five governorates of the Kingdom. The Pepsi Football Challeng

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Beecell launches football SMS campaign

Beecell, a leading regional provider of interactive applications and mobile content, recently launched an SMS campaign for consumers of Pepsi in Jordan. Consumers of Pepsi’s beverages, can send an SMS containing the number placed on the ba

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Soft drink majors to help with Bahrain price probe

Soft 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

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