UAE: e-cigarette ban will not be overturned
The National reports that, despite requests from retailers in the country, the United Arab Emirates will not overtun a ban on the sale of e-cigarettes and e-shisha pipes in the country. A number of municipalities had referred store owners to the Ministry of Health for advice on applying for licenses to sell e-cigarettes, however the […]
Israel: Frutarom reports “record” growth in 2013
Due to expanding market share in the US and emerging economies, Frutarom is said to have seen “record” growth in 2013. According to Just Food, the Israel-based ingredients and flavour firm noted a 28.3% increase in underlying net profit which totalled $63.6m. Including a one-time expense, net profit finished at $63.6m. President and CEO of […]
South Africa: Waitrose confirms export deal
Waitrose has announced its first export deal in the African continent, making over 250 of its private label groceries available in Food Lover’s Market stores in South Africa, Talking Retail reports. The retailer said a variety of products would be exported including shortbread, muesli, risotto and pasta, ice cream, sorbets and own-brand wines from France, […]
Saudi Arabia: Aujan Coca-Cola Beverages to spend $100 million on new fruit juice facility in Egypt
The Saudia Arabian beverage company Aujan Coca-Cola Beverages is to invest in the region of $100 million to construct a new fruit juice facility in Egypt, Reuters reports. The investment will cover the cost of both the land and the construction, with the facility due to be commissioned between 2016 and 2017. Aujan has previously […]
South Africa: Wine exports increase by 26% in 2013
In 2013 the South African wine industry sold 525.7 million liters of wine, increasing volumes by 26% over 2012 , according to the export association Wines of South Africa (WOSA). According to Siobhan Thompson, CEO of WOSA, the increase in exports was due to a good harvest in South Africa in 2013 which filled the […]
UAE: “Supersized” soft drinks to be banned
The UAE government has announced the banning of “supersized” soft drinks as part of new health measures, as the Gulf state looks to reign in increasing obesity and lifestyle disease rates. According to Arabian Business News, the federal cabinet came to the decision following the second day of what it described as a “brain-storming” session […]
UAE: P&G adds new items to Olay White Radiance collection
Two new products featuring a “breakthrough cellular level whitening formula” have been added to the Olay product line in the UAE, P&G has announced. White Radiance Intensive Fairness Serum and Intensive Fairness Cream provide whitening results that “come from deep cellular radiance, making your skin glow from within”, according to P&G. The products contain a […]
South Africa: Clover Industries predict 20% in earnings
Clover Industries has predicted a 20% rise in earnings per share for H2 2013. In a statement to the stock exchange, the South Africa dairy processor Clover Industries attributed the rise in earnings to reduced marketing spend , having heavily invested in product launches in the comparable period of the previous year. It also reported […]
Egypt: Juhayna targets expansion
Dairy manufacturer Juhayna Food Industries is set to receive a loan to finance production expansion. Juhayna, one of the largest dairy and juice manufacturers in Egypt, has secured a $73 million (500 million Egyptian pounds) loan from the European Bank for Reconstruction and Development (EBRD). The company is set to use the loan to finance […]
Israel: Strauss Group sees 17% rise in quarterly profit
Strauss Group, a manufacturer of food and drinks products, has reported a 17% rise in its quarterly profits. The rise is largely attributable to strong performance in the company’s international coffee and spreads and dips businesses, Reuters reports. Strauss announced on Tuesday that earnings for the third quarter where in the order of 81 million […]