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Food & Beverage news in the Middle East
An overview of news, trends and research in the Food & Beverage industry in the Middle East:
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Changing consumer demand is driving Saudi’s ready meals market
Saudi Arabians are increasingly turning to ready meals – pre-cooked meals that can be prepared quickly and conveniently.
01 March 2022
Meet the consultants that led Jahez’s $2.4 billion IPO
Saudi Arabian online food delivery platform Jahez has made its debut on the stock exchange, trading under the ticker symbol: 9526 on the Saudi Exchange’s Parallel Market (Nomu).
06 January 2022
Cost pressures and inflation to lift prices of consumer products
The prices of consumer products are expected to rise significantly next year, according to a new study by AlixPartners.
28 December 2021
Consumers are spending more, but their mix is changing for good
Consumer spending in both the UAE and Saudi Arabia is on the rise again, as consumers regain faith in the economy’s re-opening and rebound.
23 November 2021
Turkey's Kervan Gıda taps KPMG for market entry strategy
Turkey’s largest soft candy producer Kervan Gida has made a strategic entry into the European market by acquiring a majority in sweet and confectionary company ZPC Otmuchów and its subsidiary PWC Odr
26 May 2021
A tech landmark for Saudi Arabia as Jahez unveils IPO listing
A landmark listing: food delivery app Jahez is set to become the first homegrown technology startup to debut on the Saudi Exchange.
18 May 2021
Maven advises Almarai on its acquisition of Bakemart
Food & beverage manufacturing giant Almarai has acquired the UAE and Bahrain operations of Bakemart – a producer of baked and packaged products – for a sum of $25 million.
18 March 2021
How GCC food & beverage companies are coping with Covid-19
Food and beverage (F&B) companies across the UAE, Saudi Arabia, Kuwait and Oman face the daunting prospect of long-term social distancing, falling demand and cash constraints.
22 December 2020
Dark kitchens take centre stage in UAE's food services market
A new RedSeer Consulting report explains how the UAE’s ‘dark kitchens’ mark a singular bright spot in a restaurant industry that has been hit hard by Covid-19.
07 December 2020
Almarai working with McKinsey and SAP on digital transformation
Saudi Arabian dairy company Almarai has embarked on the next phase of its digital transformation strategy, working together with consultants and technologists from McKinsey & Company and SAP on drivi
23 November 2020
Online grocery sales in KSA and UAE doubles during Covid-19
Once among the slowest ecommerce segments in the Middle East, e-groceries have been thrown into the spotlight due to the Covid-19 crisis.
29 October 2020
Simon-Kucher warns of tough times ahead due to UAE 'sin' tax
Consultancy Simon-Kucher & partners has commented on the UAE’s recently announced expansion of its ‘sin-tax’ to sweetened beverages and e-smoking devices – hinting at tough times ahead for stakeholde
13 September 2019
Expo 2020 Dubai a potential bright spot for struggling UAE F&B sector
KPMG’s annual UAE Food & Beverage has revealed a local sector continuing to struggle, with one of the largest restaurant footprints in the world – although a growing number of tourists and the upcomi
13 March 2019
BDO study reveals 2.3 million tons of food discarded in Israel last year
A comprehensive study by the Israeli national food bank Leket and global consulting network BDO has revealed the extent of food wastage in the nation, with the amount of binned produce tipping the sc
20 March 2018
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