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Merger talks boost Mondelez, Pepsico sharesThe shares in top US packaged food companies Mondelez International and PepsiCo jumped on Friday on speculation that they could merge, after a report that activist investor Nelson Peltz has taken stakes in each. Citing sources fam More… |
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Bahrain banks buy Turkish juice companyBahraini banks Venture Capital and Bank Alkhair (formerly Unicorn Investment Bank) have joined hands to acquire 65 per cent of Goknur Foods Import Export Trading and Production Company, a key producer of fruit juice concentrate and More… |
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Bahrain banks buy Turkish juice companyBahraini banks Venture Capital and Bank Alkhair (formerly Unicorn Investment Bank) have joined hands to acquire 65 per cent of Goknur Foods Import Export Trading and Production Company, a key producer of fruit juice concentrate and More… |
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UAE group launches new juice rangeLeading UAE-based F&B group, Agthia has announced the launch of Chiquita Tropical’s juice range in the UAE, GCC, Levant and Egypt. The launch, which comes in line with Agthia’s consumer business division expansion strategy, will f More… |
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UAE group launches new juice rangeLeading UAE-based F&B group, Agthia has announced the launch of Chiquita Tropical’s juice range in the UAE, GCC, Levant and Egypt. The launch, which comes in line with Agthia’s consumer business division expansion strategy, will f More… |
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Emirates date festival a hitThe 2011 Emirates International Date Palm Festival (EIDPF) concluded recently with nearly 20,000 visitors attending the show, a 56 per cent increase as compared to last year. Mohamed Jalal Al Reyaysa, chairman of the higher organising com More… |
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Saudi beverage industry grows 6.5pcThe beverage industry in Saudi Arabia has achieved a 6.5 per cent compound annual growth rate, according to Al Rabie Saudi Foods, a major player in the beverages and juice industry. This is the average consumption growth during a spec More… |
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Al Rabie steps up juice productionAl Rabie Saudi Foods has increased production of juices by 30 per cent, and its fast food line Awal Qatfa by more than 20 per cent during Ramadan, to meet the significant increase in consumption during the holy month. “Saudis consume more More… |
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Brazil firms launch fruit drinks in MideastBrazArtis, a Rio de Janeiro based company, along with Saborama, a leading Brazilian manufacturer of refreshment beverages, will launch a new line of fruit-flavour drinks in the Middle East. These include Acai, Citrus, Guarana, Grape, Catu More… |
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Kuwaiti beverage firm plans Iraq forayKuwait's Arabian Beverage Company (ABC), which distributes water, juice and dairy products in the Gulf region, plans to boost production and also aims to penetrate the Iraqi market this year. ABC, owned by Kuwaiti conglomerate Bukhamse More… |
