Industry Developments

South African retail group Shoprite, the country's third largest mass grocery retail (MGR) operator has reported a 26% rise in first half diluted headline earnings. Turnover grew... 2007-02-21

With Gulfood 2007 taking place in Dubai at the end of February, the Middle East's food and drink industry is the talk of the town. This is the 12th year of the trade fair, and the... 2007-02-20

Danish dairy giant Arla Foods has announced that it will expand its milk powder business in Algeria, as it looks to gain a solid foothold in emerging dairy markets. Arla said that... 2007-02-16

South African wine and spirit maker Distell reported a major jump in first half sales and earnings, despite a difficult domestic wine market. Revenues rose by over 16% to ZAR4.3bn... 2007-02-15

Zimbabwe's inflation rate, which in 2006 held the dubious distinction of being the highest in the world, rose to a dizzying new high of 1,593% in January of 2007, according to government... 2007-02-14

American fast food sandwich chain Subway has announced a major expansion project for the Middle East, with plans to open 340 outlets in under three years. Western fast food chains... 2007-02-13

Northern Ireland-based White's, maker of premium oat milled products, has announced that it has gained significant new business in Jordan, marking the company's first venture into... 2007-02-12

It appears that the Turkish government has once again cancelled the sale of its state-owned tobacco company Tekel, for the third time since 2003. According to reports in the local... 2007-02-08

As demand for sugar in the Middle East has grown, local producers have been rushing to increase sugar production for both the international and local market. Saudi Arabian food major... 2007-02-07

Kuwaiti consumers have been urged to avoid fresh milk following the confirmation that around 200 cows have tested positive for tuberculosis. The Public Authority for Agricultural... 2007-02-02