JEDDAH: Saudi Arabia has officially launched the Jeddah Food Cluster, a major project aimed at transforming the city into a global business hub with an investment target of SR20 billion ($5.3 billion).…
Over the past three decades, the population of the Gulf Cooperation Council states has more than doubled, from 26 million in 1995 to 57 million in 2022. As the regional economy has transformed and diversified…
Pakistan is seeking to expand its trade ties with Saudi Arabia, aiming for a larger share of the $5.5 billion bilateral trade market by diversifying exports beyond traditional commodities, a senior minister…
Minister of Industry and Mineral Resources Bandar Al Khorayef has concluded an official visit to Indonesia aimed at advancing bilateral trade and fostering deeper cooperation Discussions focused…
Saudi Arabia and Algeria signed a series of agreements to boost trade and investment as officials and executives from both countries convened in Algiers for a high-level forum. The Saudi-Algerian…
A new agreement between Saudi Arabia and Turkey will see a significant boost in agriculture, livestock, and water management production capabilities. A memorandum of understanding was signed by the…
Al-Fadhli said during the Saudi Arab African Economic Conference currently being held in Riyadh that the Kingdom can produce up to 700,000 tons of fish wealth annually due to its strategic location, generating around…
The Gulf countries import $ 40 billion worth of food products, while North African countries import about $ 60 billion, and the Kingdom's location gives it a comparative advantage to provide many investment…
Pakistan had been a food basket for GCC countries, predominantly for UAE and Saudi Arabia. Pakistan is the nearest destination for gulf countries for edible export and lite ferries’ cargo reaches UAE…
Abdulaziz Alsakran, deputy governor of international relations at GAFT, highlighted the efforts of both countries in boosting trade ties. He said those efforts have resulted in “effective and key partnerships,…
The Philippines is expecting trade with Saudi Arabia to continue rising, an official from the Department of Trade and Industry told Arab News as she highlighted areas for growth, including a mutual recognition…
Saudi Arabia will see a cut in the imports of leafy crops thanks to a new partnership between agricultural firms in the Kingdom and Dutch food products supplier "Plantlab". As per the agreement,…
Indonesian coffee producers are eyeing the potential of boosting exports to the Middle East, as they say interest from the region has risen in recent years. Indonesia is the fourth-largest coffee-producing…
Indian based company 'Swadeshi Food and Beverages' announced that its popular natural and healthy soft drink brand, 'Hana,' will soon be available in the markets of the Gulf countries. Currently,…
Thailand remains on track to improve economic ties with Saudi Arabia as it seeks a new potential market for its products. The value of business deals between Thailand and Saudi Arabia is expected…
Kazakhstan eyes expanding its export to Saudi Arabia, Work is ongoing to expand the list of companies with the potential to export to Saudi Arabia. The list includes 34 companies producing meat and honey…
Turkey and Saudi Arabia aim to reach a trade exchange volume of $10 billion by next year 2023, Chairman of the Turkish Foreign Economic Relations Council “DEİK” Nail Olpak said. This came in statements…
A favorite Bangladeshi companion to morning, midday, and evening tea, biscuits are increasingly also a top export product, especially to the Middle East. Traditionally sweet or plain, they have lately…
Ministry of Agriculture and Land Reclamation reached an agreement with the Food and Drug Authority and the Saudi Ministry of Environment, Water and Agriculture, regarding the new technical requirements…
Japan has become the third country certified to ship beef to Saudi Arabia. The certification was confirmed at the signing ceremony attended by Prince Faisal bin Bandar Bin Sultan Al Saud and Tomoshige…
RIYADH: Ireland targets exports in excess of €100 million to Saudi Arabia by 2025 amid a wider plan to raise food and drinks shipments to the Middle East. The plan, which is part of Irish food board Bord…
India’s basmati rice exports surged by 17% in volume during the first three quarters of the last fiscal year (ended Dec. 21, 2022), while exporters are earning at least 20% more on average in overseas…
Indonesia is seeking easier access to Saudi Arabia for its food products, as the country hopes to tap into export opportunities. The Indonesian Food and Drug Authority held a high-level dialogue with…
Saudi Arabia is targeting to attract investments worth $20 billion in the food industry by 2035. The investment will be used to support the development of the food industry in the Kingdom, including the…
Saudi fast food chain franchiser Alamar Foods Co. recorded 20 percent annual growth in sales in 2021 as its total number of stores exceeded 560, CEO Filippo Sgatoni told Argaam. This allowed the company…
Saudi entrepreneurs received funding worth SR100.02 billion ($27 billion) in the first quarter as the number of small and medium-size businesses operating in the Kingdom rose by 15 percent, according…
The Saudi Arabia food service market size was USD 12.57 billion in 2021. The market is projected to grow from USD 14.16 billion in 2022 to USD 30.47 billion by 2029, exhibiting a CAGR of 11.57% during…
The International Forum for the Sustainability of Saudi Coffee highlighted the Kingdom’s potentials to be a global hub for the trade and manufacture of coffee. The forum, which concluded on Sunday,…
Saudi Arabia’s food and beverage sector increased 6.3 percent in the first half of 2022, according to the Kingdom’s Small and Medium Enterprises Authority, also known as Monsha’at. Small…
Saudi Arabia is preparing to launch the first company specialized in the marketing of agricultural products, with funding from the Agricultural Development Fund amounting to 700 million riyals (USD 186.6…
Saudi Arabia catering services market was valued at USD5.99 billion in 2021 and is expected to grow at a Compound Annual Growth Rate (CAGR) of 6.91% during the forecast period 2023-2027. The market’s…
A Saudi Ministry of Foreign Affairs official confirmed that the Kingdom had taken crucial steps to enhance food security, put forward strategies to promote food growth and face climate change and water…
Saudi Arabia has climbed eight places in a ranking of economic competitiveness produced by Switzerland-based International Institute for Management Development. The Kingdom has been placed 24th in the…
As global food and commodity prices spike up, Saudi Arabia is expected to enjoy lower levels of inflation, according to a forecast from the Organization of Economic Cooperation and Development …
As Saudi tourism continues to recover, the first quarter of 2022 has witnessed over 130% of growth in the sector, compared to pre-pandemic levels, said the CEO of the Saudi Tourism Authority during the…
Join The Kingdom Chef Competition Saudi Arabia’s leading chef competition endorsed by Saudi Arabian Chefs Association and World Associations of Chefs’ Societies Competition dates: 13– 16…
Visit the 9th Edition of Foodex Saudi 2022. Meet with more than 200 companies from 30 countries exhibiting at Foodex Saudi 2022. Exhibition Dates: 13th to 16th of September 2022 Location: Riyadh International…
Participate in the Mixology competition for innovation in preparing and mixing mocktails. Sponsored by Pepsi as part of the Foodex exhibition, the competition starts from 14 to 16 September 2022 at the…
Saudi ice cream manufacturer Arabian Food & Dairy Factories Co., known as Fadeco, saw its shares surge 30 percent on its stock market debut on Sunday. Its shares jumped to SR92.3 ($24.6) as…
Buoyed by strong bilateral trade totaling $3.5 billion annually, Saudi Arabia and Spain look to play a key role in strengthening global tourism as both the countries continue to share strong business…
ACCIONA, the leading water contractor in Saudi Arabia, attended the Saudi-Spanish Investment forum in Riyadh on June 5th and reiterated its commitment to provide new sources of safe drinking water to…
The Ministry of Investment of Saudi Arabia (MISA) hosted a Spanish investment forum attended by Minister of Environment, Water and Agriculture Abdulrahman Al Fadhli, Minister of Tourism Ahmed Al Khateeb,…
According to the report of the CNBC Arabia, the Saudi fast-food chain franchiser Alamar Foods Co. will offer 10.6 million ordinary shares, representing 42% of its capital, as it prepares to list on the…
The International Institute of Gastronomy, Culture, Arts and Tourism awarded the region of Asir with the title of World Region of Gastronomy 2024. Asir is the first non-European region to receive the…
Saudi Arabia and Indonesia agreed to promote stronger investment ties during Saudi Foreign Minister Prince Faisal bin Farhan’s visit to Jakarta. The Kingdom is Indonesia’s largest trading partner…
A bourse statement showed that Saudi ice cream manufacturer Arabian Food & Dairy Factories Co., known as Fadeco, will start trading its shares on the Kingdom’s stock market. The Dammam-based…
According to a report by Trade Economic, Pakistan's exports to Saudi Arabia have been the best in last three years, with a record $489 million in 2019, $516 million in 2020, and $402 million 2021, with…
Saudi Arabia discussed increasing its $3 billion deposit in Pakistan’s central bank to help support its foreign reserves “through term extension or otherwise,” according to a joint statement issued…
Saudi Arabia and Pakistan considers a long-term investment strategy. The kingdom encouraged major Saudi companies to expand their business internationally and offering government help and resources through…
Alamar Foods Co. has received regulatory approval from the Capital Market Authority to proceed with an initial public offering for its 42 percent stake on Saudi Arabia’s stock exchange. According…
A boom in sales in the dairy and food processing unit of 12.6 percent and in the agriculture unit by 32.7 percent boosted a 13.2 percent increase in overall revenue. Saudi Arabia’s National Agricultural…
During the current year, the Ministry of Commerce issued 7,322 commercial records in the activities of restaurants and cafes, at a time when the Saudi market is witnessing a significant recovery in sector…
Saudi previously announced plans to build 20 entertainment centres, including one 100,000 square-metre entertainment complex in Riyadh earlier this year. The kingdom also recently revealed plans…
Saudi Arabia is targeting to attract investments worth $20 billion in the food industry by 2035. The investment will be used to support the development of the food industry in the Kingdom, including the…
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RIYADH — The total sales for restaurants and cafes sector in Saudi Arabia recorded a strong increase at the end of 2021, reaching SR62.65 billion, setting a highest historical record in the process,…
JEDDAH: With an eye on future food challenges, Saudi Arabia’s Ministry of Environment, Water and Agriculture is exploring the option of localized vertical-farming technologies, and has allocated $27…
RIYADH: Crown Prince Mohammed bin Salman has launched the master development Downtown Jeddah project, formerly known as “New Jeddah Downtown”, to develop 5.7 million square meters with a total…
RIYADH — The Saudi Society for Organic Agriculture signed on Thursday five memorandums of understanding (MoUs) with several private sector companies and cooperative societies. Minister…
A high per capita income, growing health-conscious population, and increasing interest of women in milk consumption are a few factors that are expected to help maintain the industry’s growth at a CAGR…
Saudi Arabia baby food market is projected to grow at a rate of 5.13% to achieve a market size of US$2,082.063 million in 2024. The market in Saudi Arabia is expected to propel at a fast pace during the…
Growing demand for home delivery and foodservice providers is expected to drive the market. Increasing health consciousness and growing rate of obesity among the Saudi Arabian population is challenging…
As you know, the global food and beverage market is expected to grow due to a rising population and income. Saudi Arabia, whose share of the global sector is $40 billion, aims to grow its food processing…
As you know, the global food and beverage market is expected to grow due to a rising population and income. Saudi Arabia, whose share of the global sector is $40 billion, aims to grow its food processing…
Saudi Arabia is one of the world’s fastest growing countries in the manufacturing sector, with 7.5% average growth every year. Currently, the manufacturing sector contributes roughly 10% to the nation’s…
As you know, the global food and beverage market is expected to grow due to a rising population and income. Saudi Arabia, whose share of the global sector is $40 billion, aims to grow its food processing…
As you know, the global food and beverage market is expected to grow due to a rising population and income. Saudi Arabia, whose share of the global sector is $40 billion, aims to grow its food processing…
Today, the Kingdom has one of the largest storing capacity in the Middle East for wheat and flour, with more than 3.3 million tons. We also have trustworthy food supply chains capable of daily production…
Food sector profits in Saudi Arabia grew by 85.19% during the first quarter of 2020, an increase of 274.19 million riyals over the first quarter of last year. 11 food production companies listed on the…
RIYADH — There is no shortage in food supplies and stocks are aplenty. Pumped water supplies are continuing as usual to all regions of the Kingdom, Saudi Press Agency (SPA) quoted the Minister of Environment,…
Saudi Arabia allocated SAR 2 billion to import new agricultural products in line with the Kingdom's food security strategy, said Abdulrahman Al-Fadhli, Minister of Agriculture and Chairman of the Saudi…
The food processing industry in Saudi Arabia is well-positioned to grow at a considerable rate in the near future. Domestic, regional and international demands for Saudi food products have been increasing…
As you know, the global food and beverage market is expected to grow due to a rising population and income. Saudi Arabia, whose share of the global sector is $40 billion, aims to grow its food processing…
The total Saudi imports of tea and coffee during the past five years (from 2014 to 2018) reached 542.3 thousand tons with an estimated value of 10.3 billion riyals. According to data obtained by the "Economy",…
The General Authority for Investment confirmed that the volume of food consumption in Saudi Arabia will reach 221 billion riyals ($ 59 billion) until 2021, amid expectations that the volume of these investments…
The food processing industry in Saudi Arabia is well-positioned to grow at a considerable rate in the near future. Domestic, regional and international demands for Saudi food products have been increasing…
According to the General Authority of Statistics (Tourism Establishments Survey 2017), the total number of food & beverages serving establishments is 52,024 of which 21,000 is the total no of restaurants.…
The General Grain Corporation announced today its third tender for the year 2019 to import 715,000 tons of wheat for supply during the period (September – November 2019) distributed over 12 vessels,…
The Saudi Arabia red meat market is expected to register a CAGR of 3.47% during the forecast period, 2018 to 2023. Government support has enabled manufacturers to improve production technology and to…
The Saudi Arabian fruits market is expected to register a CAGR of 3.7% while the vegetables market in Saudi Arabia is expected to witness a CAGR of 3.3% during the forecast period. Dates and watermelons…
Saudi Arabia Specialty Fats & Oils Market stood at $177 million in 2017 and is projected to reach $281 million by 2024 on account of uncertainty in the availability of cocoa butter along with its…
Following my article last week about agribusiness, another equally important sector to agriculture is aquaculture. Aquaculture is one of the fastest-growing methods of producing foods in the world and…
The Saudi Arabia red meat market is expected to register a CAGR of 3.47% during the forecast period, 2018 to 2023. Government support has enabled manufacturers to improve production technology and to…
The Saudi Arabian fruits market is expected to register a CAGR of 3.7% while the vegetables market in Saudi Arabia is expected to witness a CAGR of 3.3% during the forecast period. Dates and watermelons…
The Saudi Arabia weight loss market was worth US$ 957 Million in 2017. This market is projected to reach a value of US$ 1,507 Million by 2023, at a CAGR of 7.9% during 2017-2023. The growing awareness…
Following my article last week about agribusiness, another equally important sector to agriculture is aquaculture. Aquaculture is one of the fastest-growing methods of producing foods in the world and…
Saudi Arabia in 2018 was Brazil's top buyer of fresh and processed chicken products, an ABPA spokesman said. ABPA data shows the Saudis imported 433,500 tonnes of chicken products from Brazil,…
Hisham Al-Jedaie, chief executive of the SFDA, mentioned that 80% of the food in the Kingdom is imported from more than 157 countries. He pointed out that the Kingdom has imported 15% of its food from…
Saudi Arabia represents the largest market for bottled water in the region. One of the major factors driving the market growth is the rising health consciousness among consumers. This has boosted the…
Domestic chicken meat production in 2019 is expected to increase slightly to 700,000 MT. The production cost of locally produced chicken meat currently ranges between $1.6 and $1.87 per Kg of average…
According to research, Saudi Arabia cold storage market is projected to reach $2,572 million by 2024. Further, growing concerns over food wastage and increasing population in Saudi Arabia is expected…
Saudi Arabia halal food & beverages market is projected to grow at a CAGR of over 9%, in value terms, during 2019-2024. Increasing demand for packaged halal foods among non-Muslims, strong…
The Saudi Arab snack bar market is expected to reach USD 52.82 million by 2023 witnessing a healthy CAGR during the forecast period 2018-2023. Cereal and granola bar accounts for more than 65% of the…
Saudi Arabia retail market is projected to grow at a CAGR of over 8% during the forecast period on account of growing culturally diversified population, presence of a highly stable market. Saudi Arabia…
Saudi Arabia is expected to have a SAR 221 billion ($59 billion approx.) worth of food industries investments until 2021, said Mohammed Al Juniny, head of manufacturing at the Saudi Arabian General Investment…
The Saudi Ministry of Industry and Mineral Resources said that the volume of investment in the food products industry in the Kingdom amounts to more than 88 billion riyals. Jarrah Al-Jarrah, the…
Saudi previously announced plans to build 20 entertainment centres, including one 100,000 square-metre entertainment complex in Riyadh earlier this year. The kingdom also recently revealed plans…
Under the Patronage of Mr. Mazen Batterjee, Vice President of Jeddah Chamber of Commerce and Industry. Foodex Saudi celebrates the first Food Innovation Awards in Saudi Arabia to honour the best…
The Saudi Arabia red meat market is expected to register a CAGR of 3.47% during the forecast period 2018 to 2023. Government support has enabled manufacturers to improve production technology and to compete…
Hot Drinks Sector accounted for a volume share of 0.83% of the global market and 24.9% of the regional (Middle East & Africa) market in 2017. The sector was valued at SR 10, 211.5 million (US$2,723.1…
Saudi Arabian Ice Cream sector accounted for a volume share of 0.52% of the global market and 29.9% of the regional (Middle East & Africa) market. The sector and is forecast to grow at a CAGR of 7.6%…
35 Years of ExcellenceSaudi Airlines Catering was established in 1981. The 35 years that followed witnessed a rapid expansion in the organisation’s operations, which spanned local and…
Training Center - Saudi Standards, Metrology, And Quality Organization SASO is a scientific reference specialized in issuing standards, granting quality certificates and examining product samples,…
Saudi Arabia ranks ninth amongst the top ten savory snacks markets in terms of per capita expenditure (in US$ terms), higher only than China. Furthermore, Saudi Arabia is forecasted to register a moderate…
Saudi Arabia has large young population bases that have a strong affinity towards confectionery products in which they indulge frequently. Moreover, with high disposable incomes and rising consumer confidence,…
Saudi Arabia ranks ninth amongst the top ten savory snacks markets in terms of per capita expenditure (in US$ terms), higher only than China. Furthermore, Saudi Arabia is forecasted to register a moderate…
Catering is the business of providing food and related services to a large number of people at various sites including worker camps, construction sites, company cafeterias and offices. Outsourcing of…
Saudi Arabia ranks ninth amongst the top ten savory snacks markets in terms of per capita expenditure (in US$ terms), higher only than China. Furthermore, Saudi Arabia is forecasted to register a moderate…
Saudi Arabia has large young population bases that have a strong affinity towards confectionery products in which they indulge frequently. Moreover, with high disposable incomes and rising consumer confidence,…
Saudi Arabia’s corn consumption is estimated to climb 12% to 4.45 million MT during 2018-2019, taking a larger share of the country's feed demand, according to USDA.Most of that corn volume, or 4.4…
KSA’s food industry remains one of the most attractive in the region, with strong sales growth expectation over our forecast period. On an average, KSA imports 80% of its food requirement where food…
Technavio’s market research analyst predicts the food retail market in Saudi Arabia to grow at a CAGR of around 5% by 2020. Saudi Arabia accounts for around 51% of the total food retail sales in…
KSA’s food industry remains one of the most attractive in the region, with strong sales growth expectation over our forecast period. On an average, KSA imports 80% of its food requirement where food…
Technavio’s market research analyst predicts the food retail market in Saudi Arabia to grow at a CAGR of around 5% by 2020. Saudi Arabia accounts for around 51% of the total food retail sales in the…
The market for canned food in Saudi Arabia is at a matured stage, with a limited number of players dominating the market. Canned foods industry is driven by increasing urban population, rising female…
Breakfast cereal is the smallest of the three subsectors within the bakery category in Saudi Arabia, but had the fastest value growth of 10.4% in 2017. The subsector looks to continue this upward motion…
Saudi Arabia retail market is projected to grow at a CAGR of over 7.5%, in value terms, during 2017-2022. Increase in culturally diversified population, presence of a highly stable market and increasing…
Saudi Arabia is estimated to be the 20th largest bakery products market worldwide, with US$5.11 billion worth of retail value sales in 2016. Around this period, the Saudi Arabia bakery product market…
The Saudi Arabian foodservice market was valued at USD 29.83 billion in 2017, and it is expected to record a CAGR of 5.9% during the forecast period (2018–2023). Growing demand for home…
Cream is an irreplaceable part of the Saudi Arabian diet. Currently, the production of cream has witnessed a rise of 28.9% per annum. Currently, production is increasing by over 17% per year. This high…
Fast foods can be prepared quickly and are gaining popularity as these are emerging as alternatives for home-cooked meals. Entry of international food chains, presence of expatriate population, growing…
The appetite for organic foods in Saudi Arabia is on an upward trajectory, with a third of consumers (33 percent) purchasing more in the last 12 months compared to the previous year, according to a new…
Rice is a staple food in Saudi Arabia that is served for lunch and dinner. A traditional dish called kabsah is widely consumed in Saudi homes. The majority of Saudis include rice as a major part of their…
Milk consumption is expected to help maintain the food industry’s growth at a CAGR of 11.62% during the forecast period of 2018-2023.A high per capita income, growing health-conscious population, and…
A high per capita income, growing health-conscious population, and increasing interest of women in milk consumption are a few factors that are expected to help maintain the industry’s growth at a CAGR…
Milk consumption is expected to help maintain the food industry’s growth at a CAGR of 11.62% during the forecast period of 2018-2023. A high per capita income, growing health-conscious population, and…
According to Alpen Capital, size of the GCC retail sector is forecasted to grow at a CAGR of 4.6% from US$ 250.5 billion in 2016 to US$ 313.2 billion in 2021. The sector is expected to grow steadily…
Saudi Arabia & GCC food industry is on a sustainable and balanced growth path says Alpen Capital’s new report The GCC population is expected to witness an addition of 6.5 million individuals between…
The new 4.2 km development in Saudi Arabia’s commercial hub adds new park areas, a 650 metre walkway as well as three new beaches in the area. The new public area with 17 plazas, sculptures, fountains,…
According to Alpen Capital, Food consumption in the GCC is expected to expand at a CAGR of 4.2% from an estimated 48.1 million MT in 2016 to 59.2 million MT in 2021. This growth is primarily attributable…
Attendees included senior officials from various ministries of both countries.(Photo: Pakistan Press Information Department)ISLAMABAD/RIYADH: The Saudi-Pakistan Joint Ministerial Commission (JMC) met…
RIYADH: Saudi Arabia’s King Salman met with the Executive Chairman of Atlantic Council, Frederick Kemp, at Al-Yamamah palace in Riyadh on Tuesday, Saudi’s state-run news agency (SPA) reported.During…
Representatives from more than 60 Japanese firms have taken part in a business forum in Saudi Arabia.Japan's Economy, Trade and Industry Minister Hiroshige Seko and Saudi Arabian Energy and Industry Minister…
Prince Faisal bin Khalid bin Abdulaziz, the Governor of Asir Region, on Wednesday inaugurated a number of development projects in Mohail Asir province, state news agency SPA has reported.The development…
Kingdom to start issuing visas extensively as tourism drive picks up speedManama: Saudi Arabia is to allow women who are at least 25 years old to visit the kingdom without the need to be accompanied by…
JEDDAH: The Saudi Commission for Tourism and National Heritage (SCTH) has been pushing businesspeople to invest in medical tourism that can boost the local tourism sector.The SCTH has established a number…
Saudi Arabia’s Vision 2030 programme will drive growth across the country, most notably in its asset management, tourism and insurance sectorsThe effects of Vision 2030 on various Saudi sectors are…
JEDDAH: The number of Saudi women working in the tourism and hospitality sector is rapidly growing.Many have begun to work at five-star hotels in positions ranging from receptionists to public relation…
Jeddah — The Saudi Arabia Muslims’ Destination initiative to grant tourist visas and extend Umrah packages will help generate tourism, according to officials associated with the program.The initiative…
RIYADH: The Food and Drug Authority (FDA) said that the VAT will not be applied on human medicines, vitamins, and registered medical devices and products.Abdul Rahman Al-Sultan, pharmacist and director…
The Food and Beverages Division at Organic Life Est. recently participated in Foodex Saudi 2017 in Jeddah and HORECA 2017 in Riyadh along with Caykur (Caytas), their premium brand partners from Turkey.The…
Saudi Arabia is building a mega city on the coast of the Red SeaCrown Prince Mohammed bin Salman announced plans on Tuesday to build a new mega city on the Red Sea coast in Saudi Arabia. Once complete,…
JEDDAH: The head of the General Authority for Civil Aviation (GACA), Abdul Hakim Al-Tamimi, has announced that the initial opening and pilot operations of the new King Abdul Aziz International Airport…
Scientists are looking for new ways to desalinate water using energy resources that reduce dependence on dwindling fossil fuels in the Middle EastAccording to a report in research portal Nature Middle…
RIYADH: Saudi Arabia has been a unique travel destination for centuries, offering a wide range of tourism options to visitors, from religious tourism to visiting the historical wonders and seeing the…
RIYADH: Visiting European Commissioner for Agriculture and Rural Development Phil Hogan said on Wednesday that there is a positive trend to develop businesses with the Kingdom since it is a growing and…
A.T. Kearney raises its estimates for the e-commerce market value in the region, forecasting Saudi Arabia to lead by 2020When people think of shopping in the Gulf they usually think of Dubai, with its…
The fast food market in Saudi Arabia is projected to reach US$9 billion by 2023.The fast food market in Saudi Arabia is witnessing growth due to a surge in the young population and the changing…
Saudi Arabia Fast Food Market (2017-2023): Market Forecast by Types (Burgers, Hamburgers & Sandwiches, Chicken, Pizza & Pasta, Asian & Latin American Fast Food, Sea Food and Others (Mediterranean, Lebanese,…
RIYADH: The Saudi Food and Drugs Authority (SFDA) has launched a strategic plan for healthy food in the Kingdom, which involves determining allowable rates of sugar, salt and saturated fat in processed…
Chocolate confectionary, frozen foods and snacks to fuel growth, according to Frost & Sullivan The food industry in Saudi Arabia, the largest economy in the Arab world, is expected to grow at a compound…
The Trade Development Authority of Pakistan (TDAP) in collaboration with the commercial section of the Consulate General of Pakistan in Jeddah is participating in the ongoing Foodex Saudi 2017, Saudi…
Saudi Arabia’s Under Crown Prince Mohammed bin Salman has launched a new global tourism project that aims at developing touristic venues along the Kingdom’s Red Sea coasts. The project…
Saudi Arabia’s recent total food service sales was estimated at SR33.3 billion ($8.87 billion), accounting for nearly half of the GCC market. The GCC food services market, which recently stood at SR70.5…
FAST FOOD CHAINS CONTINUE EXPERIENCING RAPID GROWTH IN SAUDI ARABIA Saudi Arabia’s restaurant industry has historically been dominated by independent players, which still account for 75% of sales in…
The Arab-Brazilian Chamber of Commerce (ABCC) revealed that the Arab region is the second largest importer of Brazilian dairy products after South America, and successfully imported over $15 million worth…
Saudi Arabia’s food consumption projected to reach SR259.4 billion in 2018. In sum, capital spending in the food sector will expand further, while the value of the casual dining sector will increase…
Brazil has remained the dominant supplier of broiler meat to Saudi Arabia for over two decades. Brazilian chicken exports to the Kingdom reached 82 percent of total Saudi broiler meat imports, followed…
The Saudi Arabia confectionery market is expected to reach a value of around $2.26 billion by the end of 2018, and is forecast to grow at a CAGR growth rate of around 12% between 2013 and 2018. The main…
Being the largest economy in the Middle East, Saudi Arabia has a rapid growth of food consumption. The Kingdom offers abundant growth opportunities to food and beverage companies, across all its sub-sectors…
Saudi Arabia – United States Trade RelationsBilateral relations between the Kingdom of Saudi Arabia and the United States began in 1933 when full diplomatic relations were established. Despite…
Fresh fruit and vegetables: the most imported food products The food and beverages sector recorded an increase of 2.1%, with imports into Saudi Arabia coming from 40 countries around the world, mainly…
The market is growing by over 5% a year with fruit and vegetables the most imported food. It is estimated that the rise in food consumption in the GCC countries between 2012 and 2017 will be around 3.1%…
In 2014, the total number of food retail outlets in Saudi Arabia was estimated by Euromonitor at 42, 378, an increase of 2.2 percent over 2013. The total number of food retail outlets is projected to…
In 2014, the total number of food retail outlets in Saudi Arabia was estimated by Euromonitor at 42, 378, an increase of 2.2 percent over 2013. The total number of food retail outlets is projected to…
Technavio’s market research analysts predict the food retail market in Saudi Arabia to grow at a CAGR of more than 5% between 2016 and 2020. The market’s growth is fueled by an increase…
“Recently, there has been an increase in the import of food products in the retail market in Saudi Arabia. About 80% of the nation’s food requirement, which is worth about…
The food and beverages sector recorded an increase of 2.1%, with imports into Saudi Arabia coming from 40 countries around the world, mainly with fruit and vegetables. The local consumer market for these…
The report covers the present scenario and the growth prospects of the food retail market in Saudi Arabia for 2016-2020. To calculate the market size, the report has taken into consideration the revenue…
Confectionery value sales to grow at a compound annual rate of 6.5% We expect Saudi Arabia to be the top regional performer over the next five years, within the snacks and confectionery categories.…
The Gulf Cooperation Council region, in particular Saudi Arabia, offers strong growth potential for confectionery and snack food producers over our forecast period to 2018. Growth opportunities in Saudi…
Euromointor forecast sales of packaged food in the Saudi market to reach nearly US$23.9 billion by 2020, an increase of nearly US$6 billion and 34%. High growth items in the forecast include baby food;…
King Salman was conferred with Japan’s Daisy High Medal by Japanese Emperor Akihito on Tuesday in appreciation of his role as the Custodian of the Two Holy Mosques in Makkah and Madinah. The Japanese…
The infrastructure works for Berth 5 and Berth 6 are about to be finished in a few weeks, King Abdullah Port announced on Wednesday. The two berths are part of the port’s strategic expansion plan, which…
World's Largest Projects: Jubail IICreating one of the world's greatest industrial city on Jubail, is not an easy task. Jubail Industrial City, which was built more than three decades ago will double…
they are the neighbouring gulf states battling it out for economic supremacy. And in the latest grand example of keeping up with the Joneses, Saudi Arabia has awarded a contract to build the…
Global F&B conglomerate PepsiCo plans to open one of its largest manufacturing plants in the Saudi city of Jeddah, a senior official has said.The SIBCO plant in Saudi Arabia is set to open later this…
Saudi Arabia's government has unveiled a long-term economic blueprint for life in a low-oil-price world.Titled "Saudi Vision 2030," the plan unveiled Monday includes regulatory, budget and policy changes…
InterContinental Hotels Group (IHG) has signed a 15-year management agreement with Al Andalus Property for a Staybridge Suites hotel in Jeddah.The 164-key Staybridge Suites Al Andalus Mall marks the extended-stay…
Agriculture Minister Khalid Hnaifat said that Jordan agricultural and food exports in 2016 amounted to around one billion and one hundred million Jordanian dinars, which accounted for about 25% of total…
The Saudi economy will be 13th in the world by 2030 as against its present 20th position, says a report on the future global economic landscape.The report by PricewaterhouseCoopers (PWC), titled “The…
Taif International Airport recorded the largest movement of passengers in its history in 2016 AD since its inception in 1396 AH as the number of passengers registered 1,253,369 last year compared to 1,103,525…
The news agency "Reuters" reported that the declaration of the Saudi authorities for three projects for public transport in Jeddah yesterday, is a sign that the government is keen not to freeze on…
220 counters for check-in in the new King Abdulaziz International Airport in Jeddah , along with more than 80 devices for self-service assigned to serve passengers domestic airlines. Hisham Hariri the…
Driven by value sales across its various dairy and foodstuff categories and low international commodity prices, SaudiaDairy and Foodstuff Company (SADAFCO) has yet again registered an increase in its…
RIYADH: Majid Al-Qassabi, minister of Commerce and Investment, told the members of the visiting Joint Bosnian-Serb delegation here on Monday that the investment scope in the Kingdom is broad. The minister…
It approved, the Saudi Foreign Ministry, and finally, a mechanism to facilitate and speed up the procedures for obtaining business visas to enter the Kingdom electronically in accordance with the guidelines…
Jeddah Islamic Port has achieved a remarkable performance during the year 2016 in terms of container handling handed (4.300.830) TEU, an increase of 2.6% from last year, 2015, came the growth rate in…
Saudi Arabia’s recent total food services sales estimated at SAR 33.3 billion (USD8.87 billion), accounting for nearly half of the GCC market. Saudi Arabia’s food consumption will grow by 7.3 percent…
Saudi food consumption to grow by 7.3pc Food consumption in Saudi Arabia will grow by 7.3 per cent in 2016, outperforming other regional markets, according to recent industry reports. Saudi Arabia’s…
World’s largest dates festival opens in Buraidah (KSA) last week BURAIDAH: The world’s largest dates festival opened here yesterday with farmers and venders presenting a variety of products worth…
Custodian of the Two Holy Mosques King Salman received the king of Morocco at his residence in the city of Tangier on Saturday, the Saudi Press Agency (SPA) said.King Salman welcomed King Mohammed…
THE SAUDI INDUSTRIAL DEVELOPMENT FUND (SIDF) APPROVES 73 LOANS WORTH SR 2.6 BILLION The SIDF's performance during the first half of this fiscal year,1437/1438H,(2016), has been remarkable, as the Fund…
Saudi Ambassador to Australia Lectures on Kingdom of Saudi Arabia's Vision 2030Saudi ambassador to Australia Nabil bin Mohammed Al Saleh has called on Australian businessmen, entrepreneurs and investors…
Saudi investments in Britain reach 60 billion pounds LONDON: There are huge Saudi investments in the UK and they amount to nearly 60 billion pounds, according to Minister of Commerce and Investment…
The Second Gulf-British Economic Forum started its activities here on Thursday, in the presence of Prince Mohammed bin Nawaf bin Abdulaziz, the Saudi Ambassador to the United Kingdom; Secretary General…
Saudi Arabia Leads The Way For Hotels Under ConstructionAccording to the latest report issued by STR, the June Pipeline Report highlighted that 154,576 rooms in 550 hotels are under contract in the Middle…
Saudi Arabia Food Retail Market 2016-2020 - Saudi Arabia Imports About 80% of its Food Requirements, Worth Approx $24 Billion - Research and MarketsThe food retail market in Saudi Arabia to grow at a…
The Dow Chemical Co. recently became the first company to receive a trading license from the government of Saudi Arabia, allowing 100 percent ownership in the country’s trading sector, expanding Dow’s…
The Minister of Commerce and Investment Preside the kingdom’s delegation in G-20 Trade Ministers' meeting 10 July 2016 Page Image Page Content Held talks with many ministers and major Chinese companies…
New York — Deputy Crown Prince Muhammad Bin Salman, second deputy premier and minister of defense who is also the chairman of the Misk Al-Khair Charity Organization, signed an agreement with the Bill…
Under the auspices of His Royal Highness Crown Prince Mohammad bin Salman bin Abdulaziz, HRH Deputy Crown Prince Mohammad Bin Salman Al Saud, Second Deputy Prime Minister and Minister of Defense, the…
The deals announced between Saudi Arabia and Egypt mark a sea change in Riyadh's approach to doing business with its Arab neighboursThe Saudi government and neighbouring Jordan recently announced the…
Palestine Trade Center (PalTrade) was established in 1998 as a non-profit, membership-based organization that aims at contributing to the achievement of a viable Palestinian economy by developing and…
It’s hard to get far in the holy cities of Mecca and Madinah without somehow consuming China. Made-in-China trinkets of questionable quality dominate the wares of the hawkers who throng Islam’s major…
The Council of Saudi Chambers of Commerce and Industry held a meeting yesterday in Riyadh, with a delegation of the German Federal Parliament, headed by the advisor for the Middle East in the Democratic…
Newly-appointed ministers took oath of office before Custodian of the Two Holy Mosques King Salman at Al-Yamama Palace in Riyadh on Monday. Minister of Health Tawfiq Al-Rabiah, Minister of Commerce and…
Korea’s food exports last 2015 amounted to $6.11 billion. This year, Korea aims to raise the bar and reach an amount of $8.1 billion food exports by the end of 2016 by focusing on premium food exports.…
التحوّل الكبير: دستوريا واقتصاديا وعسكرياأولى رئيس الجمهورية السيد عبد العزيز بوتفليقة اهتماما بالغا للتنمية…
Leaders on the Saudi-Algerian Business Council (SABC) recently achieved a new milestone in improving the bilateral trade between the two nations by creating an outline of eight approaches to further improve…
Saudi Arabia represents a unique case of a country floating on vast oil wealth but lacking renewable water resources, which are necessary for its continued existence. The kingdom has no…
Saudi Arabia is the largest importer of food and agricultural products of the Gulf Cooperation Council (GCC) countries, with a total population 150 percent larger than that of the combined population…
The powerful young prince overseeing Saudi Arabia's economy unveiled ambitious plans on Monday aimed at ending the kingdom's "addiction" to oil and transforming it into a global investment power.Deputy…
New export projects focus on ArabsApex-Brasil signed trade promotion agreements with sector organizations. The Middle East and North Africa are priorities for the dairy industry. Road machinery companies…
Frozen food is an excellent alternative to fresh and cooked foods. Convenience is the major factor driving the Frozen Food Market. Other drivers for Frozen Food market are increasing disposable income…
SOUTH Africa could expect more trade with Saudi Arabia, after government officials and businesses from two countries concluded discussions which would see increased bilateral investments in the areas…
Saudi Arabian officials see great potential in importing Hungarian products to the country, state secretary of the Ministry of Foreign Affairs and Trade Lászlo Szabó told Hungarian news agency MTI yesterday.Szabó…
Ireland is aiming to nearly double its food exports to the Middle East, with a target of more than US$560m by 2020, and is counting on its newly quota-free dairy industry to do it.Read more at: http://www.foodnavigator.com/Regions/Middle-East/Ireland-pins-ME-growth-plans-on-dairy-demand
Islamabad—Saudi Arabian investors are interested in investment and joint ventures in various sectors of Pakistan’s economy. Steel manufacturing and food processing are potential areas for joint ventures…
RIYADH: Custodian of the Two Holy Mosques King Salman held wide-ranging talks with Danish Crown Prince Frederik Andre Henrik here on Sunday.The two leaders reviewed bilateral relations while discussing…
Saudi Arabia has lifted the seven-month-old ban on import of green chilly from India. In 2013-14, Saudi had imported 3,045 tonnes of green chilli worth $2.3 million from India.The phytosanitary authority…
33% INCREASE in trade visitors from the food & drink industry “It was a pleasure participating in Foodex Saudi for the second year. We met high caliber of clientele & decision makers. We are really…
Rony Haddad, director of the exhibition, expressed his happiness at the enormous participation of domestic and international companies in the exhibition. He said, “The exhibition represents a good platform…
73% of exhibitors successfully met their business objectives at the event Many local and international food production experts from 209 domestic and international companies showcased the latest food…
The Kingdom of Saudi Arabia has not had a quiet year: the accession of King Salman, two new crown princes, a new young defence minister, military operations in Yemen, waning oil prices and contentious…
JEDDAH: A hotel in Madinah welcomed visitors with an 18-meter long and 50 cm wide kunafa on the occasion of Eid Al-Fitr.The hotel management and workers celebrated the Eid festivity with their customers…
Mr. Rony Haddad Foodex Saudi 2015 Show Manager during his speech to sponsors and partners in the Steering Committee Meeting last wednesday at jeddah hilton.The feedback was great as the show is heading…
The city is being called the next biggest emerging market and should be completed by 20351.The cost of the new city in Saudi Arabia is a staggering US $100 billion. 2. The project is expected to be completed…
In its first voyage after three months of entering into service, the world largest container ship named "CSCLGLOBE" docked at Jeddah Islamic seaport yesterday. The Saudi Press Agency (SPA) monitored the…
Tuesday, November 18, 2014 10:19 PM Prince Khalid Bin Saud Bin Turki, Deputy Chairman of Technical Affairs Presidency of Meteorology and Environment and Consul General of Pakistan Aftab Khokher cut…
Jul 3, 2014 Foodex Saudi 2014 is set to take place with an increase in exhibitors, following the inaugural success of the show last year. The Kingdom of Saudi Arabia accounts for 64% of the GCC’s total…
Nov 18, 2014 HH Prince Khalid bin Saud bin Khalid bin Turki Al Saud opens Foodex Saudi 2014 Thousands of visitors at the Jeddah Centre for Forums and Events yesterday welcomed the second edition of Foodex…
The second edition of Foodex Saudi is getting underway in Jeddah on Monday (November 17), with both local and international exhibitors set to get exposure to businesses and consumers. Taking place at…
Greek peaches and nectarines seeking opportunities in Saudi Arabia In an effort to open up new markets for peaches and nectarines affected by the Russian embargo, representatives of Greece's main cooperatives…
The second edition of Foodex Saudi was inaugurated by Prince Khalid bin Saud bin Khalid bin Turki Al-Saud, deputy chairman of the Meteorology and Environmental Protection Technical Affairs. The event…
Fourteen Pakistani companies are participating in Foodex Saudi exhibition organized by Reed Sunaidi Exhibitions from Nov. 17 to 20, at Jeddah Center for Forums and Events. “Participation of our companies…
Joshua HoeySaudi Gazette JEDDAH — Contract farming and increased trade ties between Greece and Saudi Arabia were the focus of discussions with Saudi government ministers during a recent visit by…
JEDDAH - The Saudi-Arabian food group Almunajem has taken a stake of 25 percent in the French poultry producer Groupe Doux. The transaction completes the financial restructuring of Doux that filed for…
By RASHID HASSANThe Saudi Commission for Tourism and Antiquities ( SCTA ) has collaborated with farm owners in the Riyadh province to develop agro-tourism in the Kingdom.Agro-tourism, which involves…
Resident chefs and culinary professionals of major hotels and restaurants have started preparing for Saudi Arabia’s first internationally recognized culinary competition. The contest is a major highlight…
Saudi Arabia is the second biggest dates producer globally after the United Arab Emirates (UAE), which is considered the world's number one date producer, the Saudi Press Agency reported.The Saudi government…
JEDDAH - As the Middle East's largest economy and population, accounting for 64 percent of the GCC's total food consumption, the Kingdom of Saudi Arabia presents unmatched business and trade opportunities…
Foodex Saudi 2014 will host the show’s first international culinary competition, Salon Culinaire.Endorsed by the World Association of Chefs Societies (WACS) and the Saudi Arabian Chefs Association (SARCA),…
Eid celebrations in the Kingdom include visits to places of leisure, parks, malls and restaurants. All kinds of eateries do brisk business during the Eid holidays especially the ubiquitous fish restaurants…
Samir Kabbani, chairman of the board at Irrigation and Energy Solutions Company (IES), predicts that the volume of cooperation between the business sectors of Saudi Arabia and France is likely to grow…
* Saudi to permit off-market trading of shares* Government policy body to consider taxing unused land* Savola rises after Americana indicates ownership may change* Abu Dhabi's Waha Capital up as board…
Halal food and beverage market is becoming increasingly popular worldwide and has grown to a $1.1 trillion industry in 2013, states the latest research note by Dubai Chamber of Commerce and Industry based…
A consumer cooperative is expected to be launched in Madinah within three months to combat the inflation in food prices by providing food at discounted prices to members. Hamid Al-Fureidi, CEO of the…
By Saudi Gazette | MakkahTuesday, 26 August 2014The Kingdom could earn about SR32 billion ($8.5 billion) from this October’s hajj, according to a study published on Monday, which predicted that two…
Savola Group, a Saudi Arabian food producer, has held discussions with Kuwait Foods, also known as the Americana Group, to buy a stake in the company, it said yesterday.The talks have not yet led to a…
DUBAI — The super-sized malls that dot Dubai and other Gulf Arab cities are stuffed with foreign restaurants, from Burger King and Subway to suburban sit-down staples like IHOP and Red Lobster.Mideast…
Broiler meat production is estimated at 640,000 MT in 2014, and expected to further increase 9% in 2015. Local broiler production currently covers about 42% of total Saudi Arabia's consumption needs,…
Salon Culinaire in association with the World Association of Chefs Societies (WACS) - Foodex Saudi's signature culinary showcase - will attract KSA's leading chefs, who will compete across 15 categories…
Unilever, one of the world's leading fast moving consuming goods FMCG companies and manufacturers of iconic brands such as Lipton and Sunsilk, has announced its sustainability strategy in Saudi Arabia,.…
A senior management team of US-based DineEquity (parent company of Applebee’s restaurant) recently visited Saudi Arabia and held several rounds of high-level meetings with the senior executives of Tarfeeh,…
Local authorities in Makkah are intensifying health inspection campaigns on eateries to guard against epidemics as the number of visitors to the holy city steadily increases. The Makkah municipality and…
The Saudi Arabian retail sector is expected to continue to post solid returns, with strong prospects for expansion in the medium-to-longer term, although this year retailers will likely have to factor…
Saudi Arabia’s retail sector records solid growth and its potential remains “untapped”, A.T. Kearney’s 2013 Global Retail Development Index revealed.The retail fundamentals in Saudi Arabia, which…
With increasing levels of disposable income, Saudi Arabia’s retail sector is booming and has become more attractive to foreign investors. Amid the lackadaisical business news from North America, ?Europe…
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