The Savola Group, a leading strategic investment holding group in the regional food and retail industry, has reported a 50.4% growth in its net profit for the first quarter, while its revenue hit SAR7.3 billion ($1.94 billion), helped by stronger performance in its food processing business and improved margins.
Saudi Arabia is emerging as a top culinary destination, with Aseer Region gaining global recognition. The “Discover Aseer” platform was named among IGCAT’s Top 10 Foodie Websites for 2026.
The Savola Group, a leading strategic investment holding group in the regional food and retail sectors, has announced solid results for FY 2025 with a 13% jump in its revenue which soared to SAR26.1 billion ($7 billion) mainly driven by growth in its retail, food processing and frozen foods segments.
Qatar has strengthened its strategic food security and the reserves are sufficient to cover the country's needs for 18 months, said Interior Minister Sheikh Khalifa bin Hamad Al Thani.
Shipping disruptions through the Strait of Hormuz, one of the world’s busiest maritime corridors, are sending ripple effects far beyond the Middle East, threatening energy markets, freight costs and global supply chains, a United Nations Conference on Trade and Development (UNCTAD) study has warned.
AD Ports Group has signed an agreement with BUA Group, one of Africa’s largest foods, mining, manufacturing and industrial conglomerates, and MAIR Group, a strategic investment company, to explore collaboration in sugar refineries and agro-industrial facilities in Abu Dhabi and select global markets.
Talabat Holding, a major online food and grocery delivery company in Mena region, has reported solid growth for FY 2025 with a 28% rise in gross merchandise value (GMV) and a 33% jump in its revenue hitting $3.9 billion. The company is also set to invest over $100 million this year to support long-term growth.
Kerry, a leading Irish sustainable taste and nutrition solutions company, has signed a long-term lease deal with Expo City Dubai to set up its new Regional Customer Co-Creation Centre. The new Kerry facility will serve as a major research and development centre.
Major food and grocery delivery platforms such as Delivery Hero, Swiggy, Uber and Zomato have launched an industry-led alliance - Deliver-E Coalition - to accelerate zero-emission food, grocery deliveries - by switching to 'green' two- and three-wheelers globally.
On World Food Day, UN Tourism, TUI Care Foundation and the Centre for Resilience and Sustainable Development (CRSD) of the University of Cambridge, have launched Tourism Food for Good, a new global initiative to co-create sustainable and circular food systems across the tourism value chain.
