Tuesday 4 August 2015
 
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Iran deal could help India boost exports by a third

India's exports to Iran could jump by over a third to $6 billion this fiscal year as an easing of sanctions against Tehran would help boost sales of agricultural commodities though competition for non-farm items would rise, a leading trade b

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Iran deal could help India boost exports by a third

India's exports to Iran could jump by over a third to $6 billion this fiscal year as an easing of sanctions against Tehran would help boost sales of agricultural commodities though competition for non-farm items would rise, a leading trade b

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Rice Creamery unveils new lactose-free flavours

The Rice Creamery, a leading dessert destination in the UAE, will be offering two lactose-free flavours – Bananalicious and EasyCheesy! for free to anyone who visits its Dubai or Abu Dhabi outlet on June 3. Rice Creamery has

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100 tonnes of rice for Bahrain's needy

One hundred tonnes of rice will be distributed to charity and societies and funds following directives from HRH Prime Minister Prince Khalifa bin Salman Al Khalifa marking the advent of Ramadan. Representatives of charity societie

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Egypt food supply shake-up unnerves importers

A shake-up of Egypt's food import and storage authorities has seen an official from its main food buying agency referred to prosecutors over suspected corruption on local rice deals, while the head of its silos and storage holding company wa

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Saudi authorities seize adulterated rice

Saudi Arabian authorities have confiscated a trailer with 40 tonnes of adulterated rice in the kingdom, said a report. The inspectors from the Commerce Ministry had followed a vehicle to a warehouse in the south of Riyadh, the mai

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Syria cancels tender to buy rice

A Syrian purchasing agency has cancelled an urgent tender to buy 135,000 tonnes of white rice, the third state food tender to fail in two weeks as a new payment system to avoid problems from financing sanctions failed to attract traders.

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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

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India trumps Pakistan's Iran rice trade boom

Iran's oil export revenues are helping Indian rice exporters to claw back some of the lucrative business lost to cross-border truckers in Pakistan as a result of Western sanctions. Indian rice exports direct to Iran have bounc

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Asia rice market playing chicken

There's something quite curious afoot in Asia's rice markets with prices near a seven-month high even as stockpiles across the region remain at elevated levels and exports slump, says an analyst. It's not just Thailand's inventories that a

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