Bateel sees sweet success in LVMH partnership
The private equity arm of luxury brand powerhouse LVMH will buy a stake in Saudi date and confectionery producer Bateel, to fund the firm’s global expansion plans.
Archives for February 6, 2015
Innovations
From goon sack to cask: Australia’s wine box celebrates 50 years
One of South Australia’s best-loved inventions—alongside the Stobie termite-proof telegraph pole, the Hills Hoist clothesline and the Jump plough that doesn’t get stuck on rocks—the so-called “goon sack” was the brainchild of a “frustrated inventor.”
Cochrane review should ‘end all the debates on chondroitin’s efficacy for osteoarthritis’
Chondroitin sulfate is safe and efficacious for improving pain and functional capacity in people with osteoarthritis, says a new review from the prestigious Cochrane Collaboration.
Sohar Port turns to food, pledges to cut import costs
Oman’s Sohar Port has unveiled a new agribusiness-focused strategy, with deals for flour and sugar mills and food processing facilities, and says it can cut GCC food costs.
Microbiome changes linked to onset of type 1 diabetes
Data from the largest follow up study yet suggests that there is a significant shift in the species diversity seen in the microbiome before the onset of type 1 diabetes.
Australian Arla Foods JV to build on 'decades of success' Down Under
Arla Foods and Australian firm F Mayer Imports have established a joint venture to market Castello cheese, Lurpak butter, and other Arla products Down Under.
Edible oil investments more than double to $646m since 2003
The GCC’s edible oils industry saw total investment more than double to US$646m in the last decade, according to a report from the Gulf Organisation for Industrial Consulting (GOIC).