Archives for April 19, 2016

← 2016

Symrise opens Iran office

By Eliot Beer

German flavour and ingredients producer Symrise has opened a new office in Iran, replacing its freelance representation in the country as it aims to capitalise on the lifting of sanctions.

Goody enters UAE, plans GCC expansion

By Eliot Beer

Saudi food producer Goody has signed a distribution deal for a selection of its products with the UAE’s Gulfco, as the firm aims to expand beyond the kingdom into the wider GCC.

From science to shelves: the development of MacuView

Study says MacuView helps with eye health and AMD

By Jim Cornall

A recent study published in the Journal of Ophthalmology has shown the benefits of consuming a dairy drink, MacuView, containing lutein-, zeaxanthin- and DHA-enriched egg yolk.

KSA shoppers still unsure of online quality

By Eliot Beer

Saudi consumers are starting to embrace online grocery shopping, but buying patterns show concern for food quality trumps convenience, according to research from Payfort and toDoorstep.

Almarai to buy NFPC in potential $1.5bn deal

By Eliot Beer

Saudi’s Almarai has formally announced its intention to buy UAE food producer NFPC, potentially worth up to US$1.5bn, as analysts remain cautious on the firm’s outlook after mixed Q1 results.

Domty gets the cream as profits surge 355%

By Shane STARLING

Egyptian dairy producer Domty is celebrating a 355% year-on-year rise in annual profits, netting US$14.5m, just days after its highly-oversubscribed launch on the Egyptian stock market.

Bagel-maker bags Spinneys and Waitrose deal

By Eliot Beer

UAE supermarkets Spinneys and Waitrose will now stock Dubai start-up Gulf Bagel Factory’s bagels, adding to the firm’s current distribution through Carrefour and food service outlets.