Industry News
FeaturedThe Saudi Arabia Ready To Eat (RTE) Food Market, valued at USD 18.53 million in 2024, is expected to surge to USD 29.08 million by 2030, reflecting a CAGR of 7.80% This growth is powered by rapid urbanization,…
The halal food market in the Middle East and North Africa (Mena) is projected to surge to $380 billion by 2030, driven by a rapidly expanding Muslim population, government support, and increasing consumer demand for…
Saudi Arabia Fast Food Market Expands With 7.10% CAGR, Projected USD 17,400.0 Billion By 2033 Saudi Arabia fast food market size reached USD 9,400.0 Million in 2024. The market is projected to reach USD 17,400.0…
RIYADH: The CEO of the Saudi Food and Drug Authority, Dr. Hisham bin Saad Al-Jadhey, met with the Director General for Health and Food Safety at the European Commission Sandra Gallina in Brussels. The meeting aimed to…
Spanning 11 million square meters, the cluster has earned the Guinness World Records title as the largest food park globally by area. Saudi Arabia has made a significant move towards boosting its food security and…
RIYADH: Saudi Arabia’s consumer spending reached SR11.8 billion ($3.14 billion) in the week of Dec. 15 to Dec. 21, with the food and beverage sectors continuing to lead in sales, official data showed. Despite an…
TOKYO: The Saudi Food and Drug Authority and the Food Safety Commission of Japan have agreed to collaborate on improving regulatory systems and safety mechanisms. This was a major outcome of talks held on March 10…
Saudi and South Korean companies signed 10 agreements spanning construction, energy and health sectors on the sidelines of a business forum in Seoul on Tuesday. Contracting, sustainability, and food were also covered…
Peru's blueberry exports to Saudi Arabia saw exponential growth during the 2024/25 campaign, strengthening the country's position as a key supplier of fresh fruit to the Arab market. Between weeks 18 and 13 of the…
The BRF Board of Directors has approved an investment of up to US$160 million for the construction of a new processing plant in Jeddah, Saudi Arabia. The company announced the plans on April 21, both in the form of a…
Kazakhstan’s ambassador to Saudi Arabia, Madiyar Menilbekov, has said his mission will be dedicated to furthering Saudi-Kazakh ties in politics, trade, culture, tourism and agriculture. “As ambassador extraordinaire…
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). Spanning 11…
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 in recent…
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 said. …
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 on expanding trade and…
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 Business Forum, held…
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 two nations, who aim…
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 from Karachi in…
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 agreement…
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, local production of…
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 country in…