Wednesday 16 August 2017
 
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Food and beverage

Agthia Q1 revenue up 7pc, hits $542m

Agthia Group, a top food and beverage group in the UAE, has reported net profit of Dh52 million ($14.1 million) for the first quarter (Q1) of 2017, while net revenue grew 7 per cent from Q1 2016 to reach Dh521 million ($142 million).

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Jafza's F&B sector registers 22pc growth

Jebel Ali Free Zone (Jafza), a DP World Company and the UAE’s flagship trade and logistics hub for the Middle East and Africa (MEA) region, has posted a 22.5 per cent growth in foreign companies from the Food and Beverage Sector (F&B)

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Jafza's F&B sector registers 22pc growth

Jebel Ali Free Zone (Jafza), a DP World Company and the UAE’s flagship trade and logistics hub for the Middle East and Africa (MEA) region, has posted a 22.5 per cent growth in foreign companies from the Food and Beverage Sector (F&B)

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Agthia posts 10pc rise in profit to $69m

Agthia Group, one of the UAE’s leading food and beverage groups, today reported a net profit of Dh254.3 million ($69.23 million), up 10 percent on the previous year. The net revenues grew 8 percent to Dh2.01 billion, led by

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Agthia posts 10pc rise in profit to $69m

Agthia Group, one of the UAE’s leading food and beverage groups, today reported a net profit of Dh254.3 million ($69.23 million), up 10 percent on the previous year. The net revenues grew 8 percent to Dh2.01 billion, led by

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Muslims spend $1.17trn on F&B in 2015

Muslims worldwide spent $1.17 trillion on food and beverages in 2015, representing 17 per cent of the global market spend of $7 trillion, said the secretary-general of International Halal Accreditation Forum (IHAF). Muslim spendin

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GCC F&B firms to phase-out trans fat by 2018

GCC-based member companies of the International Food & Beverage Alliance (IFBA) have embraced the commitment to a trans fat phase-out in their products by the end of 2018. The organisations include General Mills, Kellogg Compa

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UAE residents ranked third biggest F&B spenders

UAE residents ranked the third biggest F&B spenders globally in shopping malls, following their counterparts in Norway and Switzerland, according to a new report released by global property advisor CBRE. The Food and Beverage

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F&B firms extend pledge on responsible marketing to children

A number of leading global food and beverage companies based in the region have launched an enhanced version of their existing GCC Pledge on Responsible Food and Beverage Marketing to Children. The organisations include General Mi

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Adyton One plans major GCC expansion

Adyton One, a general trading company dealing with unique and high quality food and beverage products, has developed major plans to expand its presence in the UAE and GCC region. Adyton One is in partnership with The Armed Forces

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