September 25, 2022

Markets

My Food Initiative wins Global Business Excellence Awards

Dubai Municipality’s ‘My Food Initiative’ wins global award

‘My Food’ initiative, implemented by Dubai Municipality, has secured the Global Business Excellence Award in the ‘Outstanding New Product/Service category (showcased this year)’. The initiative was launched by the Municipality following its efforts to promote digital transformation across its system and services pertaining to food safety. The municipality aims at automating its system to match

Bord Bia to raise exports to S$1.1 billion by 2025 in South East Asia

▪ Ireland’s Minister for Agriculture, Food and the Marine, Charlie McConalogue’s first trade missionto Singapore features the launch of Bord Bia’s (the Irish Food Board) three-year business strategyfor Singapore and South East Asia which aims to raise exports to S$1.1 billion1 (SDG) by 2025▪ The trade mission includes high level trade engagements in Japan, Singapore

Commerzbank and Deutsche Telekom to cooperate on digital industrial solutions

Commerzbank and Telekom are jointly digitizing supply chains for Industry 4.0 . The goal is consistently automated supply chains with integrated financial solutions. Joint development with pilot customers from the logistics industry. Deutsche Telekom and Commerzbank cooperate in the industrial sector. Together they develop end-to-end automated supply chains with integrated financial services. The Telekom subsidiary T-Systems

Nutrigums Breaks into International Territories with New Appointment

THE UK’s fast growing functional gummy brand Nutrigums, has announced a new appointment to scale its operations overseas after receiving its first international exclusive distribution agreement. Terjinder Singh Purewal, joins the team as Nutrigums head of international expansion and distribution. Most recently as CEO at Pure & Well Limited, a health and wellness brand founded

4 summer trends in the gastronomy world

With a grown regional and 0.0-permille range: This is how beverage gastronomy starts into the warm season. From the service robot to the zero-waste app: Beverage wholesalers, the hospitality industry and suppliers use the new variety of digital possibilities…. Lothar Menge, Managing Director of the tech start- up kollex , presents the summer trends for

How food choices can help the planet

Reshift of global, industrial and individual food choices needed A new book published by researchers at the University of Sydney and Curtin University explores how global food production and consumption are impacting the environment and contributing to emissions, offering a positive, sustainable way forward.  The food choices we make, the way we eat, and the world’s food

Massive cost hike in the German food industry

Four times the price of gas, 66% more for electricity, plus 33% for raw materials – the German food industry is currently experiencing the biggest crisis in over 70 years. There is hardly an area where costs are not increasing! The biggest drivers are raw materials, energy, packaging and logistics. The war in the Ukraine has not yet

UAE’s SME sector playing critical role in achieving economic growth

Small and medium enterprises (SMEs) in the UAE have taken on a critical and highly essential role in the move towards achieving economic growth and diversity as they represent more than 94% of the total number of companies operating in the country–ably provide jobs to more than 86% of the private sector’s workforce. SMEs in

AIM 2022 to attract new investments in future cities and youth entrepreneurship

The 2022 edition of the Annual Investment Meeting (AIM 2022), which will be held from March 29 to March 31, 2022, at the Dubai Exhibition Centre, EXPO 2020 Dubai, has announced a series of pre-conference activities designed to bolster and improve sustainable investments including key workshops focused on attracting new investments, future cities and youth

Barentz Acquires DIVSA in Central America

Barentz International, a global life science ingredients distributor, announced today that it has acquired Distribuciones Industriales Variadas, S.A. (“Divsa” or the “Business”), Central America’s leading value-adding distributor of life science ingredients and specialty chemicals. With locations across Guatemala, the Dominican Republic, Honduras, El Salvador, Costa Rica, and Panama, Divsa represents the ideal fit to bridge

AIM 2022: A powerful platform for ideas, investment programmes and more

The UAE is one of the world’s top 20 economies in terms of FDI. AIM 2022 will explore pivotal themes, including mainstreaming Environmental, Social and Governance (ESG) investments and importance of special economic zones (SEZ), among other relevant topics. The event this year will witness the who’s who of the industries as banking, finance, retail,

Taste Italy With Never-Seen-Before Products Exclusively at Jones The Grocer

Jones the Grocer Al Manara teams up with Promos Italia to bring exciting new Italian flavours to their guests! Jones the Grocer is offering Dubai’s food lovers a range of Italian products available for the first time in the Emirate as part of the initiative of a group of Italian Chambers of Commerce, coordinated by

Gulfood 2022: Brazil to expand business with Arab countries

In 2021, Cdial Halal accounted for 80% growth in certified companies in the processed food sector The Arab market has become increasingly attractive to Brazilian products. Despite being the biggest exporter of halal food in the world, there is still a lot of potential for the country to expand business with the countries of the