KSA strong hospitality growth drives demand for food and beverages
The hospitality sector in the Kingdom of Saudi Arabia has witnessed an unprecedented boom over the last several years. Saudi...
Food
Saudi food firm posts 48% rise in Q2 profit
Saudi Savola Group posted a 48 percent rise in its second quarter net profit, beating analyst forecasts on improved profitability...
Frozen foods producer Al Kabeer to open SR50 million plant in Saudi Arabia
Al Kabeer Group, a major local producer of frozen foods, is planning to open a 50 million riyal plant in...
Iraq seeks to buy 50,000 tonnes of wheat
Iraq's state grains board has issued an international tender to buy at least 50,000 tons of wheat which can be...
GCC spending on food imports seen to reach $49 billion by 2020
GCC countries’ aggregate spending on food imports is projected to reach $49 billion by 2020, the Economist Intelligence Unit said....
Saudi Arabia is second largest consumer of tea in the Arab World
A recent study about tea consumption around the world revealed that the Kingdom of Saudi Arabia ranks second in the...
Saudi Almarai in $4.2 billion, 5-year investment plan
Saudi Arabian dairy and food producer Almarai Co's board has approved a 15.7-billion riyal ($4.2 billion), five-year investment plan that...
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