16 - 19 September 2024  –  11th Edition
Riyadh Intl. Convention & Exhibition Center
RIYADH, Saudi Arabia

Latest News

The trade volume between the Kingdom and Türkiye Expected to reach $10 billion in the future

2024-03-07 01:09:10

The trade volume between the Kingdom and Türkiye Expected to reach $10 billion in the future

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…

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The Kingdom can produce up to 700,000 tons of fisheries annually.

2024-01-29 08:28:24

The Kingdom can produce up to 700,000 tons of fisheries annually.

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…

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Saudi Arabia imports $ 20 billion worth of food products annually

2024-01-29 08:26:40

Saudi Arabia imports $ 20 billion worth of food products annually

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…

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Pakistan-GCC agricultural collaboration

2024-01-24 09:36:31

Pakistan-GCC agricultural collaboration

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…

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Thai companies eye investment opportunities in Saudi market

2024-01-24 09:31:07

Thai companies eye investment opportunities in Saudi market

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,…

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Philippines sees potential for trade growth with Saudi Arabia

2024-01-24 09:29:06

Philippines sees potential for trade growth with Saudi Arabia

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…

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Alrasheed Greenhouses partners with Dutch firm Plantlab in Saudi food security boost

2023-08-16 12:58:54

Alrasheed Greenhouses partners with Dutch firm Plantlab in Saudi food security boost

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,…

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Indonesian coffee exporters eye potential in Middle East market

2023-08-16 12:56:34

Indonesian coffee exporters eye potential in Middle East market

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…

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Indian soft drinks now set to enter gulf markets

2023-08-16 12:53:50

Indian soft drinks now set to enter gulf markets

Indian based company 'Swadeshi Food and Beverages' announced that its popular natural and healthy soft drink brand, 'Hana,' will soon be available in the markets of the Gulf countries.   Currently,…

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Thai & Saudi trade set to surge

2023-08-16 12:50:46

Thai & Saudi trade set to surge

Thailand remains on track to improve economic ties with Saudi Arabia as it seeks a new potential market for its products.   The value of business deals between Thailand and Saudi Arabia is expected…

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Kazakhstan seeks to expand its exports of meat and honey to Saudi Arabia

2023-08-10 06:47:58

Kazakhstan seeks to expand its exports of meat and honey to Saudi Arabia

Kazakhstan eyes expanding its export to Saudi Arabia, Work is ongoing to expand the list of companies with the potential to export to Saudi Arabia. The list includes 34 companies producing meat and honey…

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Turkey and Saudi Arabia aim for $10 billion trade exchange

2023-08-10 06:43:47

Turkey and Saudi Arabia aim for $10 billion trade exchange

Turkey and Saudi Arabia aim to reach a trade exchange volume of $10 billion by next year 2023, Chairman of the Turkish Foreign Economic Relations Council “DEİK” Nail Olpak said. This came in statements…

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Bangladeshi Biscuits tops Middle Eastern markets

2023-08-08 09:37:46

Bangladeshi Biscuits tops Middle Eastern markets

A favorite Bangladeshi companion to morning, midday, and evening tea, biscuits are increasingly also a top export product, especially to the Middle East. Traditionally sweet or plain, they have lately…

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Egypt and Saudi Arabia make a deal on fresh Agricultural Exports

2023-08-05 09:36:48

Egypt and Saudi Arabia make a deal on fresh Agricultural Exports

Ministry of Agriculture and Land Reclamation reached an agreement with the Food and Drug Authority and the Saudi Ministry of Environment, Water and Agriculture, regarding the new technical requirements…

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Japan encouraged to supply Kobe Beef to Saud Arabia

2023-08-03 01:54:28

Japan encouraged to supply Kobe Beef to Saud Arabia

Japan has become the third country certified to ship beef to Saudi Arabia. The certification was confirmed at the signing ceremony attended by Prince Faisal bin Bandar Bin Sultan Al Saud and Tomoshige…

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Ireland plans €100m food exports to Saudi Arabia, eyes more shipments to Middle East

2023-06-19 02:30:27

Ireland plans €100m food exports to Saudi Arabia, eyes more shipments to Middle East

RIYADH: Ireland targets exports in excess of €100 million to Saudi Arabia by 2025 amid a wider plan to raise food and drinks shipments to the Middle East. The plan, which is part of Irish food board Bord…

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India’s rice exports likely to increase as key buyers in Saudi Arabia

2023-06-19 02:01:17

India’s rice exports likely to increase as key buyers in Saudi Arabia

India’s basmati rice exports surged by 17% in volume during the first three quarters of the last fiscal year (ended Dec. 21, 2022), while exporters are earning at least 20% more on average in overseas…

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Indonesia broadens its trade of food production in Saudi Arabia

2023-06-19 01:56:57

Indonesia broadens its trade of food production in Saudi Arabia

Indonesia is seeking easier access to Saudi Arabia for its food products, as the country hopes to tap into export opportunities. The Indonesian Food and Drug Authority held a high-level dialogue with…

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Saudi Arabia Targets 20 billion worth of Investment in the Food Sector

2023-06-19 01:48:56

Saudi Arabia Targets 20 billion worth of Investment in the Food Sector

Saudi Arabia is targeting to attract investments worth $20 billion in the food industry by 2035. The investment will be used to support the development of the food industry in the Kingdom, including the…

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Saudi fast food chain operator Alamar records 20% growth in sales as outlets surpass 560

2022-12-29 10:33:42

Saudi fast food chain operator Alamar records 20% growth in sales as outlets surpass 560

Saudi fast food chain franchiser Alamar Foods Co. recorded 20 percent annual growth in sales in 2021 as its total number of stores exceeded 560, CEO Filippo Sgatoni told Argaam. This allowed the company…

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Saudi entrepreneurs get $27bn funding as SMEs grow by 15% in Q1

2022-12-20 07:14:30

Saudi entrepreneurs get $27bn funding as SMEs grow by 15% in Q1

Saudi entrepreneurs received funding worth SR100.02 billion ($27 billion) in the first quarter as the number of small and medium-size businesses operating in the Kingdom rose by 15 percent, according…

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The Saudi Arabia food service market is projected to grow from $14.16 billion in 2022 to $30.47 billion by 2029, at a CAGR of 11.57%

2022-11-22 01:45:12

The Saudi Arabia food service market is projected to grow from $14.16 billion in 2022 to $30.47 billion by 2029, at a CAGR of 11.57%

The Saudi Arabia food service market size was USD 12.57 billion in 2021. The market is projected to grow from USD 14.16 billion in 2022 to USD 30.47 billion by 2029, exhibiting a CAGR of 11.57% during…

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The Kingdom ranked 11th globally in importing tea products, 13th in importing coffee products, and 14th in importing chocolate

2022-11-22 01:42:25

The Kingdom ranked 11th globally in importing tea products, 13th in importing coffee products, and 14th in importing chocolate

The International Forum for the Sustainability of Saudi Coffee highlighted the Kingdom’s potentials to be a global hub for the trade and manufacture of coffee.   The forum, which concluded on Sunday,…

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Saudi Arabia’s food and beverage sector books 6.3% growth in H1 2022

2022-11-22 01:40:41

Saudi Arabia’s food and beverage sector books 6.3% growth in H1 2022

Saudi Arabia’s food and beverage sector increased 6.3 percent in the first half of 2022, according to the Kingdom’s Small and Medium Enterprises Authority, also known as Monsha’at.   Small…

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Saudi Arabia to Launch First Specialized Company for Marketing Agricultural Products fund amounting to 700 Million Riyals (186.6 Million USD)

2022-11-21 08:22:02

Saudi Arabia to Launch First Specialized Company for Marketing Agricultural Products fund amounting to 700 Million Riyals (186.6 Million USD)

Saudi Arabia is preparing to launch the first company specialized in the marketing of agricultural products, with funding from the Agricultural Development Fund amounting to 700 million riyals (USD 186.6…

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Saudi Arabia catering services market is expected to grow at a CAGR of 6.91% during the forecast period 2023-2027.

2022-11-08 09:02:24

Saudi Arabia catering services market is expected to grow at a CAGR of 6.91% during the forecast period 2023-2027.

Saudi Arabia catering services market was valued at USD5.99 billion in 2021 and is expected to grow at a Compound Annual Growth Rate (CAGR) of 6.91% during the forecast period 2023-2027. The market’s…

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Saudi Arabia to UN meeting said ‘global cooperation is vital' on food security

2022-11-06 11:45:01

Saudi Arabia to UN meeting said ‘global cooperation is vital' on food security

A Saudi Ministry of Foreign Affairs official confirmed that the Kingdom had taken crucial steps to enhance food security, put forward strategies to promote food growth and face climate change and water…

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Saudi Arabia rises eight spots in World Competitiveness Yearbook 2022

2022-10-26 12:47:32

Saudi Arabia rises eight spots in World Competitiveness Yearbook 2022

Saudi Arabia has climbed eight places in a ranking of economic competitiveness produced by Switzerland-based International Institute for Management Development. The Kingdom has been placed 24th in the…

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The OECD predicts Saudi inflation to stay below other G20 economies till 2023

2022-10-24 12:36:07

The OECD predicts Saudi inflation to stay below other G20 economies till 2023

As global food and commodity prices spike up, Saudi Arabia is expected to enjoy lower levels of inflation, according to a forecast from the Organization of Economic Cooperation and Development  …

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Saudi tourism recovers 130% in Q1 compared to pre-pandemic levels

2022-10-19 06:28:29

Saudi tourism recovers 130% in Q1 compared to pre-pandemic levels

As Saudi tourism continues to recover, the first quarter of 2022 has witnessed over 130% of growth in the sector, compared to pre-pandemic levels, said the CEO of the Saudi Tourism Authority during the…

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The Kingdom Chef Competition at Foodex Saudi - 9th Edition in Riyadh 2022

2022-09-10 07:11:26

The Kingdom Chef Competition at Foodex Saudi - 9th Edition in Riyadh 2022

Join The Kingdom Chef Competition Saudi Arabia’s leading chef competition endorsed by Saudi Arabian Chefs Association and World Associations of Chefs’ Societies   Competition dates: 13– 16…

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Foodex Saudi - 9th Edition in Riyadh 2022

2022-09-10 06:47:35

Foodex Saudi - 9th Edition in Riyadh 2022

Visit the 9th Edition of Foodex Saudi 2022. Meet with more than 200 companies from 30 countries exhibiting at Foodex Saudi 2022. Exhibition Dates: 13th to 16th of September 2022 Location: Riyadh International…

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Mixology Competition

2022-09-10 06:44:58

Mixology Competition "Mocktail Bar"

Participate in the Mixology competition for innovation in preparing and mixing mocktails. Sponsored by Pepsi as part of the Foodex exhibition, the competition starts from 14 to 16 September 2022 at the…

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Saudi ice cream maker Fadeco share surge 30% on Nomu debut

2022-08-01 08:58:53

Saudi ice cream maker Fadeco share surge 30% on Nomu debut

Saudi ice cream manufacturer Arabian Food & Dairy Factories Co., known as Fadeco, saw its shares surge 30 percent on its stock market debut on Sunday.   Its shares jumped to SR92.3 ($24.6) as…

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Saudi hosted the UNWTO, as Saudi- Spain strengthens global tourism

2022-08-01 01:57:44

Saudi hosted the UNWTO, as Saudi- Spain strengthens global tourism

Buoyed by strong bilateral trade totaling $3.5 billion annually, Saudi Arabia and Spain look to play a key role in strengthening global tourism as both the countries continue to share strong business…

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Acciona takes water expertise to the Saudi-Spanish investment forum

2022-08-01 01:55:25

Acciona takes water expertise to the Saudi-Spanish investment forum

ACCIONA, the leading water contractor in Saudi Arabia, attended the Saudi-Spanish Investment forum in Riyadh on June 5th and reiterated its commitment to provide new sources of safe drinking water to…

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Saudi-Spanish Investment Forum reviewed joint opportunities in various sectors

2022-08-01 01:43:51

Saudi-Spanish Investment Forum reviewed joint opportunities in various sectors

The Ministry of Investment of Saudi Arabia (MISA) hosted a Spanish investment forum attended by Minister of Environment, Water and Agriculture Abdulrahman Al Fadhli, Minister of Tourism Ahmed Al Khateeb,…

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Alamar fast-food franchiser offers almost 11 million shares for Saudi exchange listing

2022-07-25 02:12:23

Alamar fast-food franchiser offers almost 11 million shares for Saudi exchange listing

According to the report of the CNBC Arabia, the Saudi fast-food chain franchiser Alamar Foods Co. will offer 10.6 million ordinary shares, representing 42% of its capital, as it prepares to list on the…

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Saudi Arabia’s Asir awarded World Region of Gastronomy title

2022-07-21 07:52:56

Saudi Arabia’s Asir awarded World Region of Gastronomy title

The International Institute of Gastronomy, Culture, Arts and Tourism awarded the region of Asir with the title of World Region of Gastronomy 2024. Asir is the first non-European region to receive the…

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Saudi Arabia - Indonesia agree to boost investment ties

2022-07-06 08:42:13

Saudi Arabia - Indonesia agree to boost investment ties

Saudi Arabia and Indonesia agreed to promote stronger investment ties during Saudi Foreign Minister Prince Faisal bin Farhan’s visit to Jakarta.  The Kingdom is Indonesia’s largest trading partner…

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Fadeco a Saudi Ice cream maker debuts on stock market

2022-06-26 12:24:29

Fadeco a Saudi Ice cream maker debuts on stock market

A bourse statement showed that Saudi ice cream manufacturer Arabian Food & Dairy Factories Co., known as Fadeco, will start trading its shares on the Kingdom’s stock market.   The Dammam-based…

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Pakistan - Saudi trade collaboration on the rise

2022-06-26 09:16:47

Pakistan - Saudi trade collaboration on the rise

According to a report by Trade Economic, Pakistan's exports to Saudi Arabia have been the best in last three years, with a record $489 million in 2019, $516 million in 2020, and $402 million 2021, with…

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Saudi Arabia discusses increasing $3 Billion deposit in Pakistan’s central bank

2022-06-26 08:41:46

Saudi Arabia discusses increasing $3 Billion deposit in Pakistan’s central bank

Saudi Arabia discussed increasing its $3 billion deposit in Pakistan’s central bank to help support its foreign reserves “through term extension or otherwise,” according to a joint statement issued…

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Saudi Arabia and Pakistan working on long-term business strategy

2022-06-26 08:35:26

Saudi Arabia and Pakistan working on long-term business strategy

Saudi Arabia and Pakistan considers a long-term investment strategy. The kingdom encouraged major Saudi companies to expand their business internationally and offering government help and resources through…

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Saudi fast food chain franchiser Alamar to list on main market

2022-06-14 02:03:22

Saudi fast food chain franchiser Alamar to list on main market

Alamar Foods Co. has received regulatory approval from the Capital Market Authority to proceed with an initial public offering for its 42 percent stake on Saudi Arabia’s stock exchange.   According…

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Saudi Arabia’s NADEC brings 137% profit growth as agri-food sales rise

2022-06-12 01:31:56

Saudi Arabia’s NADEC brings 137% profit growth as agri-food sales rise

A boom in sales in the dairy and food processing unit of 12.6 percent and in the agriculture unit by 32.7 percent boosted a 13.2 percent increase in overall revenue. Saudi Arabia’s National Agricultural…

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Issuance of 7,322 commercial records in the activity of restaurants and cafes during 2021

2022-03-20 12:17:51

Issuance of 7,322 commercial records in the activity of restaurants and cafes during 2021

During the current year, the Ministry of Commerce issued 7,322 commercial records in the activities of restaurants and cafes, at a time when the Saudi market is witnessing a significant recovery in sector…

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Saudi Arabia has launched four projects worth $23 billion in Riyadh. Construction will begin this year on King Salman Park, Sports Boulevard, Green Ri

2022-03-20 12:15:21

Saudi Arabia has launched four projects worth $23 billion in Riyadh. Construction will begin this year on King Salman Park, Sports Boulevard, Green Ri

Saudi previously announced plans to build 20 entertainment centres, including one 100,000 square-metre entertainment complex in Riyadh earlier this year.   The kingdom also recently revealed plans…

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Saudi Arabia Targets 20 billion worth of Investment in the Food Sector

2022-03-20 11:49:26

Saudi Arabia Targets 20 billion worth of Investment in the Food Sector

Saudi Arabia is targeting to attract investments worth $20 billion in the food industry by 2035. The investment will be used to support the development of the food industry in the Kingdom, including the…

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Saudi Arabia’s total sales for restaurants and cafes sector recorded a strong increase at the end of 2021, reaching SR62.65 billion.

2022-02-06 01:41:57

Saudi Arabia’s total sales for restaurants and cafes sector recorded a strong increase at the end of 2021, reaching SR62.65 billion.

RIYADH — The total sales for restaurants and cafes sector in Saudi Arabia recorded a strong increase at the end of 2021, reaching SR62.65 billion, setting a highest historical record in the process,…

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Saudi Arabia’s uses of Hydroponic farming to boosts prospects of sustainable agriculture in the country

2022-01-31 08:32:36

Saudi Arabia’s uses of Hydroponic farming to boosts prospects of sustainable agriculture in the country

JEDDAH: With an eye on future food challenges, Saudi Arabia’s Ministry of Environment, Water and Agriculture is exploring the option of localized vertical-farming technologies, and has allocated $27…

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Crown Prince launches Jeddah Downtown $20bn master development plan

2021-12-30 01:53:56

Crown Prince launches Jeddah Downtown $20bn master development plan

RIYADH: Crown Prince Mohammed bin Salman has launched the master development Downtown Jeddah project, formerly known as “New Jeddah Downtown”,  to develop 5.7 million square meters with a total…

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Five MoUs signed to support organic food sector in Saudi Arabia

2021-12-23 12:17:22

Five MoUs signed to support organic food sector in Saudi Arabia

RIYADH — The Saudi Society for Organic Agriculture signed on Thursday five memorandums of understanding (MoUs) with several private sector companies and cooperative societies.       Minister…

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The Saudi Arabian dairy industry is now focusing on production increment, with an expected annual growth rate of 5.39% per annum

2020-10-28 09:19:07

The Saudi Arabian dairy industry is now focusing on production increment, with an expected annual growth rate of 5.39% per annum

A high per capita income, growing health-conscious population, and increasing interest of women in milk consumption are a few factors that are expected to help maintain the industry’s growth at a CAGR…

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Saudi Arabia baby food market is projected to grow at a rate of 5.13% to achieve a market size of US$2,082.063 million in 2024.

2020-10-19 02:29:35

Saudi Arabia baby food market is projected to grow at a rate of 5.13% to achieve a market size of US$2,082.063 million in 2024.

Saudi Arabia baby food market is projected to grow at a rate of 5.13% to achieve a market size of US$2,082.063 million in 2024. The market in Saudi Arabia is expected to propel at a fast pace during the…

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Saudi Arabia foodservice market is forecasted to reach USD 31.6 billion by 2024 growing at a CAGR of 5.9% during the forecast period (2019 - 2024)

2020-09-13 08:02:12

Saudi Arabia foodservice market is forecasted to reach USD 31.6 billion by 2024 growing at a CAGR of 5.9% during the forecast period (2019 - 2024)

Growing demand for home delivery and foodservice providers is expected to drive the market. Increasing health consciousness and growing rate of obesity among the Saudi Arabian population is challenging…

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The Saudi market for Beverages is valued at $2.61 billion dollars. Growing at a CAGR of 6 percent, the market is expected to reach over $5.1 billion b

2020-09-07 07:18:21

The Saudi market for Beverages is valued at $2.61 billion dollars. Growing at a CAGR of 6 percent, the market is expected to reach over $5.1 billion b

As you know, the global food and beverage market is expected to grow due to a rising population and income.  Saudi Arabia, whose share of the global sector is $40 billion, aims to grow its food processing…

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The Saudi market for dairy is valued at $4.7 billion. Growing at a CAGR of 6 percent, the market is expected to reach over $6.4 billion by 2021

2020-08-30 07:16:49

The Saudi market for dairy is valued at $4.7 billion. Growing at a CAGR of 6 percent, the market is expected to reach over $6.4 billion by 2021

As you know, the global food and beverage market is expected to grow due to a rising population and income.  Saudi Arabia, whose share of the global sector is $40 billion, aims to grow its food processing…

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Saudi Arabia is one of the world’s fastest growing countries in the manufacturing sector, with 7.5% average growth every year.

2020-08-27 01:50:08

Saudi Arabia is one of the world’s fastest growing countries in the manufacturing sector, with 7.5% average growth every year.

Saudi Arabia is one of the world’s fastest growing countries in the manufacturing sector, with 7.5% average growth every year. Currently, the manufacturing sector contributes roughly 10% to the nation’s…

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The Saudi market for Seafood is valued at $2.64 billion. Growing at a CAGR of 7 percent, the market is expected to reach over $3.8 billion by 2021

2020-08-20 10:53:17

The Saudi market for Seafood is valued at $2.64 billion. Growing at a CAGR of 7 percent, the market is expected to reach over $3.8 billion by 2021

As you know, the global food and beverage market is expected to grow due to a rising population and income.  Saudi Arabia, whose share of the global sector is $40 billion, aims to grow its food processing…

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The Saudi market for Fruits, Nuts, and Vegetables is valued at $8.3 billion. Growing at a CAGR of 6 percent, the market is expected to reach over $11.

2020-08-18 06:57:52

The Saudi market for Fruits, Nuts, and Vegetables is valued at $8.3 billion. Growing at a CAGR of 6 percent, the market is expected to reach over $11.

As you know, the global food and beverage market is expected to grow due to a rising population and income.  Saudi Arabia, whose share of the global sector is $40 billion, aims to grow its food processing…

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Saudi Arabia’s food security strategy overcame global supply crisis, says ministry

2020-08-10 06:59:01

Saudi Arabia’s food security strategy overcame global supply crisis, says ministry

Today, the Kingdom has one of the largest storing capacity in the Middle East for wheat and flour, with more than 3.3 million tons. We also have trustworthy food supply chains capable of daily production…

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Food sector profits in Saudi Arabia grew by 85.19% during the first quarter of 2020

2020-06-29 01:45:48

Food sector profits in Saudi Arabia grew by 85.19% during the first quarter of 2020

Food sector profits in Saudi Arabia grew by 85.19% during the first quarter of 2020, an increase of 274.19 million riyals over the first quarter of last year. 11 food production companies listed on the…

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External agricultural investment will play a role in providing some of food commodities through the Saudi Agricultural and Livestock Investment Compan

2020-04-22 02:41:09

External agricultural investment will play a role in providing some of food commodities through the Saudi Agricultural and Livestock Investment Compan

RIYADH — There is no shortage in food supplies and stocks are aplenty. Pumped water supplies are continuing as usual to all regions of the Kingdom, Saudi Press Agency (SPA) quoted the Minister of Environment,…

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Saudi Arabia allocates SAR 2 bln for agricultural imports

2020-04-22 02:34:46

Saudi Arabia allocates SAR 2 bln for agricultural imports

Saudi Arabia allocated SAR 2 billion to import new agricultural products in line with the Kingdom's food security strategy, said Abdulrahman Al-Fadhli, Minister of Agriculture and Chairman of the Saudi…

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The largest and fastest growing food market in the region;  predicted to grow at a rate of 6 percent over the next five years.

2020-03-08 09:32:54

The largest and fastest growing food market in the region; predicted to grow at a rate of 6 percent over the next five years.

The food processing industry in Saudi Arabia is well-positioned to grow at a considerable rate in the near future. Domestic, regional and international demands for Saudi food products have been increasing…

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The Saudi market for Confectionery, Starch Products, and Coffee is growing at a CAGR of 6 percent, and is expected to reach over $12.3 billion by 2021

2020-03-02 06:54:27

The Saudi market for Confectionery, Starch Products, and Coffee is growing at a CAGR of 6 percent, and is expected to reach over $12.3 billion by 2021

As you know, the global food and beverage market is expected to grow due to a rising population and income.  Saudi Arabia, whose share of the global sector is $40 billion, aims to grow its food processing…

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During the last five years, Saudi Arabia imported about 542 thousand tons of tea and coffee with a total value of 10 billion SAR

2020-02-25 08:36:19

During the last five years, Saudi Arabia imported about 542 thousand tons of tea and coffee with a total value of 10 billion SAR

The total Saudi imports of tea and coffee during the past five years (from 2014 to 2018) reached 542.3 thousand tons with an estimated value of 10.3 billion riyals. According to data obtained by the "Economy",…

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According to the Saudi Arabia General Investment Authority (SAGIA), the Kingdom is expected to see around $59 billion worth of investment in its food

2020-02-16 09:24:20

According to the Saudi Arabia General Investment Authority (SAGIA), the Kingdom is expected to see around $59 billion worth of investment in its food

The General Authority for Investment confirmed that the volume of food consumption in Saudi Arabia will reach 221 billion riyals ($ 59 billion) until 2021, amid expectations that the volume of these investments…

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Saudi Arabia’s Food and Beverage (F&B) market is the largest and most attractive in the Middle East, valued at $45 billion

2020-01-14 09:44:54

Saudi Arabia’s Food and Beverage (F&B) market is the largest and most attractive in the Middle East, valued at $45 billion

The food processing industry in Saudi Arabia is well-positioned to grow at a considerable rate in the near future. Domestic, regional and international demands for Saudi food products have been increasing…

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21 Thousand Restaurants in Saudi Arabia

2019-07-29 02:59:14

21 Thousand Restaurants in Saudi Arabia

According to the General Authority of Statistics (Tourism Establishments Survey 2017), the total number of food & beverages serving establishments is 52,024 of which 21,000 is the total no of restaurants.…

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The General Establishment for Cereals announces a tender to import 715 tons of wheat

2019-07-22 05:37:00

The General Establishment for Cereals announces a tender to import 715 tons of wheat

The General Grain Corporation announced today its third tender for the year 2019 to import 715,000 tons of wheat for supply during the period (September – November 2019) distributed over 12 vessels,…

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The Saudi Arabia red meat market is expected to register a CAGR of 3.47% during the forecast period 2018 to 2023

2019-07-15 05:14:44

The Saudi Arabia red meat market is expected to register a CAGR of 3.47% during the forecast period 2018 to 2023

The Saudi Arabia red meat market is expected to register a CAGR of 3.47% during the forecast period, 2018 to 2023. Government support has enabled manufacturers to improve production technology and to…

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The Saudi Arabian fruits market is expected to register a CAGR of 3.7% during the forecast period 2018-2023

2019-07-08 03:28:23

The Saudi Arabian fruits market is expected to register a CAGR of 3.7% during the forecast period 2018-2023

The Saudi Arabian fruits market is expected to register a CAGR of 3.7% while the vegetables market in Saudi Arabia is expected to witness a CAGR of 3.3% during the forecast period. Dates and watermelons…

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Saudi Arabia Specialty Fats & Oils Market is projected to reach $281 million by 2024

2019-07-01 07:31:16

Saudi Arabia Specialty Fats & Oils Market is projected to reach $281 million by 2024

Saudi Arabia Specialty Fats & Oils Market stood at $177 million in 2017 and is projected to reach $281 million by 2024 on account of uncertainty in the availability of cocoa butter along with its…

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60% of Saudi Arabia fish is imported

2019-06-24 02:39:27

60% of Saudi Arabia fish is imported

Following my article last week about agribusiness, another equally important sector to agriculture is aquaculture. Aquaculture is one of the fastest-growing methods of producing foods in the world and…

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Saudi Arabia red meat sales online is expected to grow tremendously, with an estimated CAGR of 4.85% during the forecast period 2018-2023

2019-06-17 04:45:59

Saudi Arabia red meat sales online is expected to grow tremendously, with an estimated CAGR of 4.85% during the forecast period 2018-2023

The Saudi Arabia red meat market is expected to register a CAGR of 3.47% during the forecast period, 2018 to 2023. Government support has enabled manufacturers to improve production technology and to…

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The vegetables market in Saudi Arabia is expected to witness a CAGR of 3.3% during the forecast period 2018-2023

2019-06-09 07:39:44

The vegetables market in Saudi Arabia is expected to witness a CAGR of 3.3% during the forecast period 2018-2023

The Saudi Arabian fruits market is expected to register a CAGR of 3.7% while the vegetables market in Saudi Arabia is expected to witness a CAGR of 3.3% during the forecast period. Dates and watermelons…

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The Saudi Arabia weight loss market is projected to reach a value of US$ 1,507 Million by 2023, at a CAGR of 7.9% during 2018-2023

2019-05-27 05:26:28

The Saudi Arabia weight loss market is projected to reach a value of US$ 1,507 Million by 2023, at a CAGR of 7.9% during 2018-2023

The Saudi Arabia weight loss market was worth US$ 957 Million in 2017. This market is projected to reach a value of US$ 1,507 Million by 2023, at a CAGR of 7.9% during 2017-2023.   The growing awareness…

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The seafood consumption is estimated to grow by 8% per annum to 600,000 tons in 2030

2019-05-20 07:16:48

The seafood consumption is estimated to grow by 8% per annum to 600,000 tons in 2030

Following my article last week about agribusiness, another equally important sector to agriculture is aquaculture. Aquaculture is one of the fastest-growing methods of producing foods in the world and…

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In 2018, Saudi Arabia has imported 15% of its food from Brazil

2019-04-28 04:15:57

In 2018, Saudi Arabia has imported 15% of its food from Brazil

Saudi Arabia in 2018 was Brazil's top buyer of fresh and processed chicken products, an ABPA spokesman said. ABPA data shows the Saudis imported 433,500 tonnes of chicken products from Brazil,…

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Saudi Arabia imports 80% of its food from more than 157 countries.

2019-04-28 04:14:28

Saudi Arabia imports 80% of its food from more than 157 countries.

Hisham Al-Jedaie, chief executive of the SFDA, mentioned that 80% of the food in the Kingdom is imported from more than 157 countries. He pointed out that the Kingdom has imported 15% of its food from…

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Saudi Arabia’s bottled water market will reach a volume of 25.4 billion liters by 2024

2019-04-24 10:37:12

Saudi Arabia’s bottled water market will reach a volume of 25.4 billion liters by 2024

Saudi Arabia represents the largest market for bottled water in the region. One of the major factors driving the market growth is the rising health consciousness among consumers. This has boosted the…

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In 2019, total Saudi chicken meat imports are forecast to reach 675,000 MT.

2019-04-07 10:28:46

In 2019, total Saudi chicken meat imports are forecast to reach 675,000 MT.

Domestic chicken meat production in 2019 is expected to increase slightly to 700,000 MT. The production cost of locally produced chicken meat currently ranges between $1.6 and $1.87 per Kg of average…

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The Saudi Arabia Cold Storage Market is projected to reach $2,572 Million by 2024 - Foodex Saudi

2019-03-25 04:16:02

The Saudi Arabia Cold Storage Market is projected to reach $2,572 Million by 2024 - Foodex Saudi

According to research, Saudi Arabia cold storage market is projected to reach $2,572 million by 2024. Further, growing concerns over food wastage and increasing population in Saudi Arabia is expected…

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Saudi Arabia halal food & beverages market is projected to grow at a CAGR of over 9% in value terms during 2019-2024

2019-03-25 04:13:39

Saudi Arabia halal food & beverages market is projected to grow at a CAGR of over 9% in value terms during 2019-2024

Saudi Arabia halal food & beverages market is projected to grow at a CAGR of over 9%, in value terms, during 2019-2024.  Increasing demand for packaged halal foods among non-Muslims, strong…

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The Saudi Arabia snack bar market is expected to reach USD 52.82 million by 2023 - Foodex Saudi

2019-03-25 03:41:29

The Saudi Arabia snack bar market is expected to reach USD 52.82 million by 2023 - Foodex Saudi

The Saudi Arab snack bar market is expected to reach USD 52.82 million by 2023 witnessing a healthy CAGR during the forecast period 2018-2023. Cereal and granola bar accounts for more than 65% of the…

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Saudi Arabia retail market is projected to grow at a CAGR of over 8% during the forecast period 2019-2024-Foodex Saudi

2019-02-11 08:41:29

Saudi Arabia retail market is projected to grow at a CAGR of over 8% during the forecast period 2019-2024-Foodex Saudi

Saudi Arabia retail market is projected to grow at a CAGR of over 8% during the forecast period on account of growing culturally diversified population, presence of a highly stable market. Saudi Arabia…

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Saudi Arabia is expected to have a SAR 221 billion ($59 billion approx.) worth of food industry investments until 2021-Foodex Saudi

2019-02-07 05:34:17

Saudi Arabia is expected to have a SAR 221 billion ($59 billion approx.) worth of food industry investments until 2021-Foodex Saudi

Saudi Arabia is expected to have a SAR 221 billion ($59 billion approx.) worth of food industries investments until 2021, said Mohammed Al Juniny, head of manufacturing at the Saudi Arabian General Investment…

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Saudi Arabia: Investments in the food products industry exceed 88 billion riyals

2018-12-12 10:15:09

Saudi Arabia: Investments in the food products industry exceed 88 billion riyals

The Saudi Ministry of Industry and Mineral Resources said that the volume of investment in the food products industry in the Kingdom amounts to more than 88 billion riyals.   Jarrah Al-Jarrah, the…

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Saudi Arabia has launched four projects worth $23 billion in Riyadh. Construction will begin this year on King Salman Park, Sports Boulevard, Green Ri

2018-12-12 10:07:54

Saudi Arabia has launched four projects worth $23 billion in Riyadh. Construction will begin this year on King Salman Park, Sports Boulevard, Green Ri

Saudi previously announced plans to build 20 entertainment centres, including one 100,000 square-metre entertainment complex in Riyadh earlier this year.   The kingdom also recently revealed plans…

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Foodex Saudi Featured Events: Innovation Awards and Salon Culinaire

2018-12-12 09:21:25

Foodex Saudi Featured Events: Innovation Awards and Salon Culinaire

Under the Patronage of Mr. Mazen Batterjee, Vice President of Jeddah Chamber of Commerce and Industry. Foodex Saudi celebrates the first Food Innovation Awards in Saudi Arabia to honour the best…

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Saudi Arabia red meat market is expected to register a CAGR of 3.47% during the forecast period 2018 to 2023-Foodex Saudi

2018-10-21 07:06:05

Saudi Arabia red meat market is expected to register a CAGR of 3.47% during the forecast period 2018 to 2023-Foodex Saudi

The Saudi Arabia red meat market is expected to register a CAGR of 3.47% during the forecast period 2018 to 2023. Government support has enabled manufacturers to improve production technology and to compete…

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Hypermarkets & Supermarkets account for a leading 45.3% share in the distribution of Hot Drinks in Saudi Arabia-Foodex Saudi

2018-10-21 06:48:19

Hypermarkets & Supermarkets account for a leading 45.3% share in the distribution of Hot Drinks in Saudi Arabia-Foodex Saudi

Hot Drinks Sector accounted for a volume share of 0.83% of the global market and 24.9% of the regional (Middle East & Africa) market in 2017. The sector was valued at SR 10, 211.5 million (US$2,723.1…

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The Ice Cream sector in Saudi Arabia is forecasted to grow at CAGR of 7.6% in value terms during 2017-2021-Foodex Saudi

2018-10-21 06:37:13

The Ice Cream sector in Saudi Arabia is forecasted to grow at CAGR of 7.6% in value terms during 2017-2021-Foodex Saudi

Saudi Arabian Ice Cream sector accounted for a volume share of 0.52% of the global market and 29.9% of the regional (Middle East & Africa) market. The sector and is forecast to grow at a CAGR of 7.6%…

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Saudi Airlines Catering sponsor Foodex Saudi 2018

2018-09-16 09:17:35

Saudi Airlines Catering sponsor Foodex Saudi 2018

35 Years of ExcellenceSaudi Airlines Catering was established in 1981. The 35 years that followed witnessed a rapid expansion in the organisation’s operations, which spanned local and…

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SASO Training center is the Official Training Partner at Foodex Saudi

2018-09-16 09:12:17

SASO Training center is the Official Training Partner at Foodex Saudi

Training Center - Saudi Standards, Metrology, And Quality Organization   SASO is a scientific reference specialized in issuing standards, granting quality certificates and examining product samples,…

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Nuts & seeds is the third-largest category in the Saudi snack Market and expected to continue being the fastest growing category with a CAGR of 9.5%

2018-09-04 03:46:43

Nuts & seeds is the third-largest category in the Saudi snack Market and expected to continue being the fastest growing category with a CAGR of 9.5%

Saudi Arabia ranks ninth amongst the top ten savory snacks markets in terms of per capita expenditure (in US$ terms), higher only than China. Furthermore, Saudi Arabia is forecasted to register a moderate…

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The Saudi Arabian confectionery market growth is expected to worth US$1,639.6 Million by 2021-Foodex Saudi

2018-09-04 03:35:40

The Saudi Arabian confectionery market growth is expected to worth US$1,639.6 Million by 2021-Foodex Saudi

Saudi Arabia has large young population bases that have a strong affinity towards confectionery products in which they indulge frequently. Moreover, with high disposable incomes and rising consumer confidence,…

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Potato chips is the largest category in the Saudi snack market and is forecast to record faster growth at a CAGR of 9.1% by 2021-Foodex Saudi

2018-09-04 03:32:32

Potato chips is the largest category in the Saudi snack market and is forecast to record faster growth at a CAGR of 9.1% by 2021-Foodex Saudi

Saudi Arabia ranks ninth amongst the top ten savory snacks markets in terms of per capita expenditure (in US$ terms), higher only than China. Furthermore, Saudi Arabia is forecasted to register a moderate…

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Saudi Arabia Catering Services market is projected to reach $6.9 billion by 2023-Foodex Saudi

2018-08-09 10:44:51

Saudi Arabia Catering Services market is projected to reach $6.9 billion by 2023-Foodex Saudi

Catering is the business of providing food and related services to a large number of people at various sites including worker camps, construction sites, company cafeterias and offices. Outsourcing of…

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Saudi Arabian savory snacks market is forecast to register faster growth at a CAGR of 8.2% during 2017-2021-Foodex Saudi

2018-08-09 10:42:28

Saudi Arabian savory snacks market is forecast to register faster growth at a CAGR of 8.2% during 2017-2021-Foodex Saudi

Saudi Arabia ranks ninth amongst the top ten savory snacks markets in terms of per capita expenditure (in US$ terms), higher only than China. Furthermore, Saudi Arabia is forecasted to register a moderate…

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The Saudi Arabian confectionery market growth in this market will accelerate to a CAGR of 4.8% during 2017-2021-Foodex Saudi

2018-08-09 10:38:32

The Saudi Arabian confectionery market growth in this market will accelerate to a CAGR of 4.8% during 2017-2021-Foodex Saudi

Saudi Arabia has large young population bases that have a strong affinity towards confectionery products in which they indulge frequently. Moreover, with high disposable incomes and rising consumer confidence,…

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Saudi Arabia’s corn consumption is estimated to climb 12% to 4.45 million MT during 2018-2019-Foodex Saudi

2018-07-19 07:22:12

Saudi Arabia’s corn consumption is estimated to climb 12% to 4.45 million MT during 2018-2019-Foodex Saudi

Saudi Arabia’s corn consumption is estimated to climb 12% to 4.45 million MT during 2018-2019, taking a larger share of the country's feed demand, according to USDA.Most of that corn volume, or 4.4…

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Saudi Arabia’s population is expected to be 33 mn by 2021, making it the only GCC market that can provide investors with long-term volume growth

2018-07-19 06:41:55

Saudi Arabia’s population is expected to be 33 mn by 2021, making it the only GCC market that can provide investors with long-term volume growth

KSA’s food industry remains one of the most attractive in the region, with strong sales growth expectation over our forecast period. On an average, KSA imports 80% of its food requirement where food…

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With the rise influx of tourists in Saudi Arabia because of Mecca, the demand for packaged food will see tremendous growth in the coming years

2018-07-19 06:23:22

With the rise influx of tourists in Saudi Arabia because of Mecca, the demand for packaged food will see tremendous growth in the coming years

  Technavio’s market research analyst predicts the food retail market in Saudi Arabia to grow at a CAGR of around 5% by 2020. Saudi Arabia accounts for around 51% of the total food retail sales in…

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Saudi Arabia imports 80% of its food requirement - Foodex Saudi

2018-07-05 04:23:46

Saudi Arabia imports 80% of its food requirement - Foodex Saudi

KSA’s food industry remains one of the most attractive in the region, with strong sales growth expectation over our forecast period. On an average, KSA imports 80% of its food requirement where food…

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The food retail market in Saudi Arabia to grow at a CAGR of around 5% by 2020-Foodex Saudi

2018-07-05 04:16:28

The food retail market in Saudi Arabia to grow at a CAGR of around 5% by 2020-Foodex Saudi

Technavio’s market research analyst predicts the food retail market in Saudi Arabia to grow at a CAGR of around 5% by 2020. Saudi Arabia accounts for around 51% of the total food retail sales in the…

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Saudi Arabia Canned Food Market is expected to reach around USD 510 Million in 2022-Foodex Saudi

2018-07-05 04:11:56

Saudi Arabia Canned Food Market is expected to reach around USD 510 Million in 2022-Foodex Saudi

The market for canned food in Saudi Arabia is at a matured stage, with a limited number of players dominating the market. Canned foods industry is driven by increasing urban population, rising female…

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Breakfast cereal sales are estimated to rise to US $244.5 million through 2021-Foodex Saudi

2018-06-25 10:02:08

Breakfast cereal sales are estimated to rise to US $244.5 million through 2021-Foodex Saudi

Breakfast cereal is the smallest of the three subsectors within the bakery category in Saudi Arabia, but had the fastest value growth of 10.4% in 2017. The subsector looks to continue this upward motion…

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Saudi Arabia retail market is projected to grow at a CAGR of over 7.5%, in value terms, during 2017-2022-Foodex Saudi

2018-06-25 09:56:02

Saudi Arabia retail market is projected to grow at a CAGR of over 7.5%, in value terms, during 2017-2022-Foodex Saudi

Saudi Arabia retail market is projected to grow at a CAGR of over 7.5%, in value terms, during 2017-2022. Increase in culturally diversified population, presence of a highly stable market and increasing…

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The bakery products market in Saudi Arabia is estimated to grow at a CAGR of 8.2% - Foodex Saudi

2018-06-25 09:51:26

The bakery products market in Saudi Arabia is estimated to grow at a CAGR of 8.2% - Foodex Saudi

Saudi Arabia is estimated to be the 20th largest bakery products market worldwide, with US$5.11 billion worth of retail value sales in 2016. Around this period, the Saudi Arabia bakery product market…

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The Saudi Arabian foodservice market expected to record a CAGR of 5.9% during the forecast period (2018–2023) – Foodex Saudi

2018-05-29 06:40:00

The Saudi Arabian foodservice market expected to record a CAGR of 5.9% during the forecast period (2018–2023) – Foodex Saudi

The Saudi Arabian foodservice market was valued at USD 29.83 billion in 2017, and it is expected to record a CAGR of 5.9% during the forecast period (2018–2023). Growing demand for home…

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Saudi Arabia cream production has witnessed a rise of 28.9% per annum – Foodex Saudi

2018-05-29 06:37:09

Saudi Arabia cream production has witnessed a rise of 28.9% per annum – Foodex Saudi

Cream is an irreplaceable part of the Saudi Arabian diet. Currently, the production of cream has witnessed a rise of 28.9% per annum. Currently, production is increasing by over 17% per year. This high…

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Saudi Arabia Fast Food market is projected to grow at a CAGR of 6.9% during 2017-2023 – Foodex Saudi

2018-05-20 07:47:03

Saudi Arabia Fast Food market is projected to grow at a CAGR of 6.9% during 2017-2023 – Foodex Saudi

Fast foods can be prepared quickly and are gaining popularity as these are emerging as alternatives for home-cooked meals. Entry of international food chains, presence of expatriate population, growing…

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Over half of Saudi consumers (55 percent) purchase organic foods more than once a month – Foodex Saudi

2018-05-20 06:32:08

Over half of Saudi consumers (55 percent) purchase organic foods more than once a month – Foodex Saudi

The appetite for organic foods in Saudi Arabia is on an upward trajectory, with a third of consumers (33 percent) purchasing more in the last 12 months compared to the previous year, according to a new…

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The total rice consumption is expected to increase by about 2% to 1.1 million in 2018/19 - Foodex Saudi

2018-05-13 09:01:14

The total rice consumption is expected to increase by about 2% to 1.1 million in 2018/19 - Foodex Saudi

Rice is a staple food in Saudi Arabia that is served for lunch and dinner. A traditional dish called kabsah is widely consumed in Saudi homes. The majority of Saudis include rice as a major part of their…

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The country has the largest dairy processing plant in the world, producing million tons of milk and milk products – Foodex Saudi

2018-02-26 08:30:11

The country has the largest dairy processing plant in the world, producing million tons of milk and milk products – Foodex Saudi

Milk consumption is expected to help maintain the food industry’s growth at a CAGR of 11.62% during the forecast period of 2018-2023.A high per capita income, growing health-conscious population, and…

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Milk consumption is expected to help maintain the food industry’s growth at a CAGR of 11.62% during the forecast period of 2018-2023 – Foodex Saudi

2018-02-19 08:10:12

Milk consumption is expected to help maintain the food industry’s growth at a CAGR of 11.62% during the forecast period of 2018-2023 – Foodex Saudi

A high per capita income, growing health-conscious population, and increasing interest of women in milk consumption are a few factors that are expected to help maintain the industry’s growth at a CAGR…

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Saudi Arabian dairy industry is now focusing on production increment, with an expected annual growth rate of 5.39% per annum- Foodex Saudi

2018-02-14 08:12:50

Saudi Arabian dairy industry is now focusing on production increment, with an expected annual growth rate of 5.39% per annum- Foodex Saudi

Milk consumption is expected to help maintain the food industry’s growth at a CAGR of 11.62% during the forecast period of 2018-2023. A high per capita income, growing health-conscious population, and…

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Sales at supermarkets/hypermarkets are forecasted to grow at a CAGR of 4.3% between 2017 and 2020 – Foodex Saudi

2018-02-05 09:31:50

Sales at supermarkets/hypermarkets are forecasted to grow at a CAGR of 4.3% between 2017 and 2020 – Foodex Saudi

According to Alpen Capital, size of the GCC retail sector is forecasted to grow at a CAGR of 4.6% from US$ 250.5 billion in 2016 to US$ 313.2 billion in 2021. The sector is expected to grow steadily…

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Saudi Arabia has the highest purchasing power as its population accounts for more than 60% of total GCC population – Foodex Saudi

2018-02-01 09:57:05

Saudi Arabia has the highest purchasing power as its population accounts for more than 60% of total GCC population – Foodex Saudi

Saudi Arabia & GCC food industry is on a sustainable and balanced growth path says Alpen Capital’s new report   The GCC population is expected to witness an addition of 6.5 million individuals between…

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A new $218m waterfront project in Jeddah spanning 700,000 sq/m has opened to the public last December - Foodex Saudi

2018-01-29 09:17:32

A new $218m waterfront project in Jeddah spanning 700,000 sq/m has opened to the public last December - Foodex Saudi

The new 4.2 km development in Saudi Arabia’s commercial hub adds new park areas, a 650 metre walkway as well as three new beaches in the area. The new public area with 17 plazas, sculptures, fountains,…

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Food consumption in Saudi Arabia is expected to grow at an annualised average rate of 4.2% to 37.7 million MT by 2021 - Foodex Saudi

2018-01-25 09:04:46

Food consumption in Saudi Arabia is expected to grow at an annualised average rate of 4.2% to 37.7 million MT by 2021 - Foodex Saudi

According to Alpen Capital, Food consumption in the GCC is expected to expand at a CAGR of 4.2% from an estimated 48.1 million MT in 2016 to 59.2 million MT in 2021. This growth is primarily attributable…

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Economic cooperation on menu at Saudi-Pakistani Joint Ministerial Commission meeting

2018-01-17 05:20:00

Economic cooperation on menu at Saudi-Pakistani Joint Ministerial Commission meeting

Attendees included senior officials from various ministries of both countries.(Photo: Pakistan Press Information Department)ISLAMABAD/RIYADH: The Saudi-Pakistan Joint Ministerial Commission (JMC) met…

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Saudi Arabia’s King Salman meets chairman of Atlantic Council

2018-01-16 09:58:04

Saudi Arabia’s King Salman meets chairman of Atlantic Council

RIYADH: Saudi Arabia’s King Salman met with the Executive Chairman of Atlantic Council, Frederick Kemp, at Al-Yamamah palace in Riyadh on Tuesday, Saudi’s state-run news agency (SPA) reported.During…

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Japanese firms promote products in Saudi Arabia

2018-01-15 01:55:04

Japanese firms promote products in Saudi Arabia

Representatives from more than 60 Japanese firms have taken part in a business forum in Saudi Arabia.Japan's Economy, Trade and Industry Minister Hiroshige Seko and Saudi Arabian Energy and Industry Minister…

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Governor of Saudi Arabia’s Asir Region inaugurates development projects worth over SR500 million

2018-01-14 01:44:59

Governor of Saudi Arabia’s Asir Region inaugurates development projects worth over SR500 million

Prince Faisal bin Khalid bin Abdulaziz, the Governor of Asir Region, on Wednesday inaugurated a number of development projects in Mohail Asir province, state news agency SPA has reported.The development…

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Women above 25 to be granted Saudi tourism visa: Report

2018-01-11 01:40:50

Women above 25 to be granted Saudi tourism visa: Report

Kingdom to start issuing visas extensively as tourism drive picks up speedManama: Saudi Arabia is to allow women who are at least 25 years old to visit the kingdom without the need to be accompanied by…

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Saudi Commission for Tourism and National Heritage uses hot springs to boost investment in medical tourism

2018-01-10 02:08:59

Saudi Commission for Tourism and National Heritage uses hot springs to boost investment in medical tourism

JEDDAH: The Saudi Commission for Tourism and National Heritage (SCTH) has been pushing businesspeople to invest in medical tourism that can boost the local tourism sector.The SCTH has established a number…

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Saudi Arabia’s Vision 2030 and its wealth of potential

2018-01-09 01:22:00

Saudi Arabia’s Vision 2030 and its wealth of potential

Saudi Arabia’s Vision 2030 programme will drive growth across the country, most notably in its asset management, tourism and insurance sectorsThe effects of Vision 2030 on various Saudi sectors are…

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How can I help you? More women join Saudi tourism and hospitality industry

2018-01-08 01:14:49

How can I help you? More women join Saudi tourism and hospitality industry

JEDDAH: The number of Saudi women working in the tourism and hospitality sector is rapidly growing.Many have begun to work at five-star hotels in positions ranging from receptionists to public relation…

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Tourist visas for visitors from 65 nations

2018-01-07 01:42:59

Tourist visas for visitors from 65 nations

Jeddah — The Saudi Arabia Muslims’ Destination initiative to grant tourist visas and extend Umrah packages will help generate tourism, according to officials associated with the program.The initiative…

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Saudi Food and Drug Authority: No VAT on human medicines, vitamins, and registered medical equipment

2018-01-03 01:44:44

Saudi Food and Drug Authority: No VAT on human medicines, vitamins, and registered medical equipment

RIYADH: The Food and Drug Authority (FDA) said that the VAT will not be applied on human medicines, vitamins, and registered medical devices and products.Abdul Rahman Al-Sultan, pharmacist and director…

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Food & Beverages Division at Organic Life Est. attracts huge visitors at Jeddah, Riyadh expos

2018-01-01 01:53:29

Food & Beverages Division at Organic Life Est. attracts huge visitors at Jeddah, Riyadh expos

The Food and Beverages Division at Organic Life Est. recently participated in Foodex Saudi 2017 in Jeddah and HORECA 2017 in Riyadh along with Caykur (Caytas), their premium brand partners from Turkey.The…

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Saudi Arabia Plans $500 Billion Mega City And Reveals Robot Citizen

2017-12-31 02:28:01

Saudi Arabia Plans $500 Billion Mega City And Reveals Robot Citizen

Saudi Arabia is building a mega city on the coast of the Red SeaCrown Prince Mohammed bin Salman announced plans on Tuesday to build a new mega city on the Red Sea coast in Saudi Arabia. Once complete,…

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Jeddah international airport to open in May 2018

2017-12-28 01:35:15

Jeddah international airport to open in May 2018

JEDDAH: The head of the General Authority for Civil Aviation (GACA), Abdul Hakim Al-Tamimi, has announced that the initial opening and pilot operations of the new King Abdul Aziz International Airport…

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‘Solar and geothermal can play a big role in desalination in Middle East’

2017-12-27 01:40:40

‘Solar and geothermal can play a big role in desalination in Middle East’

Scientists are looking for new ways to desalinate water using energy resources that reduce dependence on dwindling fossil fuels in the Middle EastAccording to a report in research portal Nature Middle…

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Saudi Arabia witnessing a remarkable growth in tourism industry

2017-12-26 01:48:36

Saudi Arabia witnessing a remarkable growth in tourism industry

RIYADH: Saudi Arabia has been a unique travel destination for centuries, offering a wide range of tourism options to visitors, from religious tourism to visiting the historical wonders and seeing the…

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Saudi Arabia is a dynamic country with a high volume of trade with EU

2017-12-25 01:23:18

Saudi Arabia is a dynamic country with a high volume of trade with EU

RIYADH: Visiting European Commissioner for Agriculture and Rural Development Phil Hogan said on Wednesday that there is a positive trend to develop businesses with the Kingdom since it is a growing and…

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Saudi Arabia: The e-commerce land of opportunity, say experts

2017-12-24 01:43:52

Saudi Arabia: The e-commerce land of opportunity, say experts

A.T. Kearney raises its estimates for the e-commerce market value in the region, forecasting Saudi Arabia to lead by 2020When people think of shopping in the Gulf they usually think of Dubai, with its…

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Growing young population driving KSA's QSRs

2017-12-21 01:53:06

Growing young population driving KSA's QSRs

The fast food market in Saudi Arabia is projected to reach US$9 billion by 2023.The fast food market in Saudi Arabia is witnessing growth due to a surge in the young population and the changing…

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Saudi Arabia Fast Food Market : Industry Size, Share, Analysis, Trend & Future Planning 2017

2017-12-20 02:28:59

Saudi Arabia Fast Food Market : Industry Size, Share, Analysis, Trend & Future Planning 2017

Saudi Arabia Fast Food Market (2017-2023): Market Forecast by Types (Burgers, Hamburgers & Sandwiches, Chicken, Pizza & Pasta, Asian & Latin American Fast Food, Sea Food and Others (Mediterranean, Lebanese,…

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SFDA launches strategic plan for healthy food in Saudi Arabia

2017-12-19 01:52:03

SFDA launches strategic plan for healthy food in Saudi Arabia

RIYADH: The Saudi Food and Drugs Authority (SFDA) has launched a strategic plan for healthy food in the Kingdom, which involves determining allowable rates of sugar, salt and saturated fat in processed…

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Saudi Arabia food industry expected to grow at 5.9% a year

2017-12-18 02:01:18

Saudi Arabia food industry expected to grow at 5.9% a year

Chocolate confectionary, frozen foods and snacks to fuel growth, according to Frost & Sullivan The food industry in Saudi Arabia, the largest economy in the Arab world, is expected to grow at a compound…

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Pakistan seeks share of Saudi food market at Foodex 2017

2017-12-17 02:03:48

Pakistan seeks share of Saudi food market at Foodex 2017

The Trade Development Authority of Pakistan (TDAP) in collaboration with the commercial section of the Consulate General of Pakistan in Jeddah is participating in the ongoing Foodex Saudi 2017, Saudi…

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SAUDI ARABIA ANNOUNCES NEW MEGA PROJECT TO DEVELOP RED SEA TOURISM - Foodex Saudi

2017-10-08 11:32:24

SAUDI ARABIA ANNOUNCES NEW MEGA PROJECT TO DEVELOP RED SEA TOURISM - Foodex Saudi

Saudi Arabia’s Under Crown Prince Mohammed bin Salman has launched a new global tourism project that aims at developing touristic venues along the Kingdom’s Red Sea coasts. The project…

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Food consumption in Saudi Arabia estimated to grow to a collective value of SR91.9 billion ($24.5 billion) by 2018 - Foodex Saudi

2017-09-12 08:14:21

Food consumption in Saudi Arabia estimated to grow to a collective value of SR91.9 billion ($24.5 billion) by 2018 - Foodex Saudi

Saudi Arabia’s recent total food service sales was estimated at SR33.3 billion ($8.87 billion), accounting for nearly half of the GCC market. The GCC food services market, which recently stood at SR70.5…

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Fast food sales are expected to grow at a Compound Annual Growth Rate (CAGR) of 7.1% which is estimated of $7.9 billion in 2020-Foodex Saudi

2017-08-28 10:26:58

Fast food sales are expected to grow at a Compound Annual Growth Rate (CAGR) of 7.1% which is estimated of $7.9 billion in 2020-Foodex Saudi

FAST FOOD CHAINS CONTINUE EXPERIENCING RAPID GROWTH IN SAUDI ARABIA Saudi Arabia’s restaurant industry has historically been dominated by independent players, which still account for 75% of sales in…

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      Arab Region (Saudi Arabia) Imports Dairy Products Worth $15m from Brazil - Foodex Saudi

2017-08-22 03:00:20

Arab Region (Saudi Arabia) Imports Dairy Products Worth $15m from Brazil - Foodex Saudi

The Arab-Brazilian Chamber of Commerce (ABCC) revealed that the Arab region is the second largest importer of Brazilian dairy products after South America, and successfully imported over $15 million worth…

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Saudi Arabia’s food consumption projected to reach SR259.4 billion in 2018 - FOODEX

2017-07-03 10:51:37

Saudi Arabia’s food consumption projected to reach SR259.4 billion in 2018 - FOODEX

Saudi Arabia’s food consumption projected to reach SR259.4 billion in 2018. In sum, capital spending in the food sector will expand further, while the value of the casual dining sector will increase…

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Brazilian chicken exports to the Kingdom reached 82 percent of total Saudi broiler meat imports, followed by France with 15 percent market share

2017-06-19 09:53:12

Brazilian chicken exports to the Kingdom reached 82 percent of total Saudi broiler meat imports, followed by France with 15 percent market share

Brazil has remained the dominant supplier of broiler meat to Saudi Arabia for over two decades. Brazilian chicken exports to the Kingdom reached 82 percent of total Saudi broiler meat imports, followed…

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Saudi Arabia confectionery market: $2.3 billion industry by 2018 - FOODEX

2017-06-05 08:44:42

Saudi Arabia confectionery market: $2.3 billion industry by 2018 - FOODEX

The Saudi Arabia confectionery market is expected to reach a value of around $2.26 billion by the end of 2018, and is forecast to grow at a CAGR growth rate of around 12% between 2013 and 2018. The main…

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Saudi Arabia’s recent total food service sales was estimated at SR33.3 billion - FOODEX

2017-05-29 09:39:50

Saudi Arabia’s recent total food service sales was estimated at SR33.3 billion - FOODEX

Being the largest economy in the Middle East, Saudi Arabia has a rapid growth of food consumption. The Kingdom offers abundant growth opportunities to food and beverage companies, across all its sub-sectors…

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Saudi Arabia is one of the United States’ largest trading partners in the Middle East - Foodex Saudi

2017-05-18 09:36:48

Saudi Arabia is one of the United States’ largest trading partners in the Middle East - Foodex Saudi

Saudi Arabia – United States Trade RelationsBilateral relations between the Kingdom of Saudi Arabia and the United States began in 1933 when full diplomatic relations were established. Despite…

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The Fruit & Vegetables consumer market in Saudi Arabia worth US$ 6 billion a year

2017-05-08 04:02:02

The Fruit & Vegetables consumer market in Saudi Arabia worth US$ 6 billion a year

Fresh fruit and vegetables: the most imported food products The food and beverages sector recorded an increase of 2.1%, with imports into Saudi Arabia coming from 40 countries around the world, mainly…

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SAUDI ARABIA ALONE ACCOUNTS FOR 60% OF TOTAL FOOD CONSUMPTION IN THE GCC REGION

2017-05-01 06:05:28

SAUDI ARABIA ALONE ACCOUNTS FOR 60% OF TOTAL FOOD CONSUMPTION IN THE GCC REGION

The market is growing by over 5% a year with fruit and vegetables the most imported food. It is estimated that the rise in food consumption in the GCC countries between 2012 and 2017 will be around 3.1%…

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MORE THAN 50, 000 FOOD RETAIL OUTLETS BY 2019 in Saudi Arabia

2017-04-24 02:24:22

MORE THAN 50, 000 FOOD RETAIL OUTLETS BY 2019 in Saudi Arabia

In 2014, the total number of food retail outlets in Saudi Arabia was estimated by Euromonitor at 42, 378, an increase of 2.2 percent over 2013. The total number of food retail outlets is projected to…

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The total value grocery sales by the retail outlets is forecast to reach about $60 billion in 2019, an increase of about 45 percent over 2014

2017-04-20 05:21:03

The total value grocery sales by the retail outlets is forecast to reach about $60 billion in 2019, an increase of about 45 percent over 2014

In 2014, the total number of food retail outlets in Saudi Arabia was estimated by Euromonitor at 42, 378, an increase of 2.2 percent over 2013. The total number of food retail outlets is projected to…

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The food retail market in Saudi Arabia to grow at a CAGR of more than 5% between 2016 and 2020

2017-04-17 02:47:08

The food retail market in Saudi Arabia to grow at a CAGR of more than 5% between 2016 and 2020

Technavio’s market research analysts predict the food retail market in Saudi Arabia to grow at a CAGR of more than 5% between 2016 and 2020. The market’s growth is fueled by an increase…

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BY 2020, SAUDI ARABIA TOTAL FOOD IMPORTS WILL REACH MORE THAN $35 BILLION

2017-04-13 05:21:31

BY 2020, SAUDI ARABIA TOTAL FOOD IMPORTS WILL REACH MORE THAN $35 BILLION

 “Recently, there has been an increase in the import of food products in the retail market in Saudi Arabia. About 80% of the nation’s food requirement, which is worth about…

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SAUDI ARABIA IS THE LARGEST FOOD IMPORTER IN THE REGION

2017-04-10 04:14:41

SAUDI ARABIA IS THE LARGEST FOOD IMPORTER IN THE REGION

The food and beverages sector recorded an increase of 2.1%, with imports into Saudi Arabia coming from 40 countries around the world, mainly with fruit and vegetables. The local consumer market for these…

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About 80% of the Saudi Arabia’s food products is being imported from foreign countries. which is worth about $24 billion

2017-04-06 03:39:41

About 80% of the Saudi Arabia’s food products is being imported from foreign countries. which is worth about $24 billion

The report covers the present scenario and the growth prospects of the food retail market in Saudi Arabia for 2016-2020. To calculate the market size, the report has taken into consideration the revenue…

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Saudi Arabia to be the top regional performer over the next five years, within the snacks and confectionery.

2017-03-29 04:39:31

Saudi Arabia to be the top regional performer over the next five years, within the snacks and confectionery.

 Confectionery value sales to grow at a compound annual rate of 6.5% We expect Saudi Arabia to be the top regional performer over the next five years, within the snacks and confectionery categories.…

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Tasty opportunities in Saudi Arabia's snack sector

2017-03-28 02:32:56

Tasty opportunities in Saudi Arabia's snack sector

The Gulf Cooperation Council region, in particular Saudi Arabia, offers strong growth potential for confectionery and snack food producers over our forecast period to 2018. Growth opportunities in Saudi…

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Sales of packaged food in the Saudi market to reach nearly US$23.9 billion by 2020

2017-03-27 08:26:17

Sales of packaged food in the Saudi market to reach nearly US$23.9 billion by 2020

Euromointor forecast sales of packaged food in the Saudi market to reach nearly US$23.9 billion by 2020, an increase of nearly US$6 billion and 34%. High growth items in the forecast include baby food;…

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King Salman Poses with the Saudi-Japanese delegation to the Saudi-Japan Business Forum

2017-03-16 09:55:12

King Salman Poses with the Saudi-Japanese delegation to the Saudi-Japan Business Forum

King Salman was conferred with Japan’s Daisy High Medal by Japanese Emperor Akihito on Tuesday in appreciation of his role as the Custodian of the Two Holy Mosques in Makkah and Madinah. The Japanese…

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King Abdullah Port’s Annual Capacity to Reach Four Million TEU Milestone / Foodex

2017-03-05 06:24:37

King Abdullah Port’s Annual Capacity to Reach Four Million TEU Milestone / Foodex

The infrastructure works for Berth 5 and Berth 6 are about to be finished in a few weeks, King Abdullah Port announced on Wednesday. The two berths are part of the port’s strategic expansion plan, which…

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 Jubail II ($80bn): A 22-year industrial project, Jubail II Industrial Area is World's Largest Civil Engineering Project / Foodex

2017-03-02 09:35:42

Jubail II ($80bn): A 22-year industrial project, Jubail II Industrial Area is World's Largest Civil Engineering Project / Foodex

World's Largest Projects: Jubail IICreating one of the world's greatest industrial city on Jubail, is not an easy task. Jubail Industrial City, which was built more than three decades ago will double…

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The Kingdom Tower, Jeddah ($1.23bn) Saudi Arabia to build world's tallest skyscraper / Foodex

2017-03-02 09:17:51

The Kingdom Tower, Jeddah ($1.23bn) Saudi Arabia to build world's tallest skyscraper / Foodex

they are the neighbouring gulf states battling it out for economic supremacy. And in the latest grand example of keeping up with the Joneses, Saudi Arabia has awarded a contract to build the…

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Exclusive: PepsiCo to open one of its largest manufacturing plants in Saudi / Foodex

2017-02-26 06:02:33

Exclusive: PepsiCo to open one of its largest manufacturing plants in Saudi / Foodex

Global F&B conglomerate PepsiCo plans to open one of its largest manufacturing plants in the Saudi city of Jeddah, a senior official has said.The SIBCO plant in Saudi Arabia is set to open later this…

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Saudi Arabia unveils 15-year plan to transform its economy / Foodex

2017-02-26 05:44:14

Saudi Arabia unveils 15-year plan to transform its economy / Foodex

Saudi Arabia's government has unveiled a long-term economic blueprint for life in a low-oil-price world.Titled "Saudi Vision 2030," the plan unveiled Monday includes regulatory, budget and policy changes…

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Second Staybridge Suites Opening In Jeddah / Foodex Saudi

2017-02-20 09:47:52

Second Staybridge Suites Opening In Jeddah / Foodex Saudi

InterContinental Hotels Group (IHG) has signed a 15-year management agreement with Al Andalus Property for a Staybridge Suites hotel in Jeddah.The 164-key Staybridge Suites Al Andalus Mall marks the extended-stay…

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 Agriculture: one billion, one hundred million dinars Jordanian exports in 2016 / Foodex Saudi

2017-02-20 02:14:52

Agriculture: one billion, one hundred million dinars Jordanian exports in 2016 / Foodex Saudi

Agriculture Minister Khalid Hnaifat said that Jordan agricultural and food exports in 2016 amounted to around one billion and one hundred million Jordanian dinars, which accounted for about 25% of total…

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Kingdom to rank 13th among global economies by 2030 with China on top, says report / Foodex_saudi

2017-02-16 07:17:02

Kingdom to rank 13th among global economies by 2030 with China on top, says report / Foodex_saudi

The Saudi economy will be 13th in the world by 2030 as against its present 20th position, says a report on the future global economic landscape.The report by PricewaterhouseCoopers (PWC), titled “The…

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Taif International Airport records largest movement of passengers in its history in 2016 / Foodex_Saudi

2017-02-16 06:33:42

Taif International Airport records largest movement of passengers in its history in 2016 / Foodex_Saudi

Taif International Airport recorded the largest movement of passengers in its history in 2016 AD since its inception in 1396 AH as the number of passengers registered 1,253,369 last year compared to 1,103,525…

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Jeddah projects in 2017: a train in the Corniche .. maritime taxi / Foodex_Saudi

2017-02-12 07:03:30

Jeddah projects in 2017: a train in the Corniche .. maritime taxi / Foodex_Saudi

  The news agency "Reuters" reported that the declaration of the Saudi authorities for three projects for public transport in Jeddah yesterday, is a sign that the government is keen not to freeze on…

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220 «counters» in Jeddah's New Airport / Foodex_Saudi

2017-02-12 06:48:55

220 «counters» in Jeddah's New Airport / Foodex_Saudi

220 counters for check-in in the new King Abdulaziz International Airport in Jeddah , along with more than 80 devices for self-service assigned to serve passengers domestic airlines. Hisham Hariri the…

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Saudia Dairy and Foodstuff Company (SADAFCO) Announces Steady Third Quarter Results

2017-02-07 07:51:20

Saudia Dairy and Foodstuff Company (SADAFCO) Announces Steady Third Quarter Results

Driven by value sales across its various dairy and foodstuff categories and low international commodity prices, SaudiaDairy and Foodstuff Company (SADAFCO) has yet again registered an increase in its…

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Investment scope in the Kingdom is broad and limitless: Al-Qassabi

2017-02-07 07:39:56

Investment scope in the Kingdom is broad and limitless: Al-Qassabi

RIYADH: Majid Al-Qassabi, minister of Commerce and Investment, told the members of the visiting Joint Bosnian-Serb delegation here on Monday that the investment scope in the Kingdom is broad. The minister…

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 24 Hours only for the extraction of foreign investors visas

2017-02-01 06:48:06

24 Hours only for the extraction of foreign investors visas

It approved, the Saudi Foreign Ministry, and finally, a mechanism to facilitate and speed up the procedures for obtaining business visas to enter the Kingdom electronically in accordance with the guidelines…

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 More than 4 million containers in Jeddah Islamic Port during 2016

2017-02-01 06:44:35

More than 4 million containers in Jeddah Islamic Port during 2016

Jeddah Islamic Port has achieved a remarkable performance during the year 2016 in terms of container handling handed (4.300.830) TEU, an increase of 2.6% from last year, 2015, came the growth rate in…

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Saudi Arabia’s recent total food services sales estimated at SAR 33.3 billion (USD8.87 billion), accounting for nearly half of the GCC market

2016-08-28 10:34:15

Saudi Arabia’s recent total food services sales estimated at SAR 33.3 billion (USD8.87 billion), accounting for nearly half of the GCC market

Saudi Arabia’s recent total food services sales estimated at SAR 33.3 billion (USD8.87 billion), accounting for nearly half of the GCC market.  Saudi Arabia’s food consumption will grow by 7.3 percent…

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Saudi food consumption to grow by 7.3pc

2016-08-11 10:34:25

Saudi food consumption to grow by 7.3pc

Saudi food consumption to grow by 7.3pc Food consumption in Saudi Arabia will grow by 7.3 per cent in 2016, outperforming other regional markets, according to recent industry reports. Saudi Arabia’s…

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World’s largest dates festival opens in Buraidah (KSA) last week

2016-08-07 06:20:00

World’s largest dates festival opens in Buraidah (KSA) last week

World’s largest dates festival opens in Buraidah (KSA) last week BURAIDAH: The world’s largest dates festival opened here yesterday with farmers and venders presenting a variety of products worth…

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King Salman holds talks with Moroccan king in Tangier

2016-07-31 08:43:24

King Salman holds talks with Moroccan king in Tangier

 Custodian of the Two Holy Mosques King Salman received the king of Morocco at his residence in the city of Tangier on Saturday, the Saudi Press Agency (SPA) said.King Salman welcomed King Mohammed…

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THE SAUDI INDUSTRIAL DEVELOPMENT FUND (SIDF) APPROVES 73 LOANS WORTH SR 2.6 BILLION

2016-07-28 03:43:41

THE SAUDI INDUSTRIAL DEVELOPMENT FUND (SIDF) APPROVES 73 LOANS WORTH SR 2.6 BILLION

THE SAUDI INDUSTRIAL DEVELOPMENT FUND (SIDF) APPROVES 73 LOANS WORTH SR 2.6 BILLION The SIDF's performance during the first half of this fiscal year,1437/1438H,(2016), has been remarkable, as the Fund…

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Saudi Ambassador to Australia Lectures on Kingdom of Saudi Arabia's Vision 2030

2016-07-28 03:25:14

Saudi Ambassador to Australia Lectures on Kingdom of Saudi Arabia's Vision 2030

Saudi Ambassador to Australia Lectures on Kingdom of Saudi Arabia's Vision 2030Saudi ambassador to Australia Nabil bin Mohammed Al Saleh has called on Australian businessmen, entrepreneurs and investors…

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Saudi investments in Britain reach 60 billion pounds

2016-07-28 03:21:15

Saudi investments in Britain reach 60 billion pounds

Saudi investments in Britain reach 60 billion pounds  LONDON: There are huge Saudi investments in the UK and they amount to nearly 60 billion pounds, according to Minister of Commerce and Investment…

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Second Gulf-British Economic Forum opened in London last week.

2016-07-27 06:39:38

Second Gulf-British Economic Forum opened in London last week.

The Second Gulf-British Economic Forum started its activities here on Thursday, in the presence of Prince Mohammed bin Nawaf bin Abdulaziz, the Saudi Ambassador to the United Kingdom; Secretary General…

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Saudi Arabia Leads The Way For Hotels Under Construction

2016-07-26 02:50:53

Saudi Arabia Leads The Way For Hotels Under Construction

Saudi Arabia Leads The Way For Hotels Under ConstructionAccording to the latest report issued by STR, the June Pipeline Report highlighted that 154,576 rooms in 550 hotels are under contract in the Middle…

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Saudi Arabia Food Retail Market 2016-2020 - Saudi Arabia Imports About 80% of its Food Requirements, Worth Approx $24 Billion

2016-07-18 05:57:49

Saudi Arabia Food Retail Market 2016-2020 - Saudi Arabia Imports About 80% of its Food Requirements, Worth Approx $24 Billion

Saudi Arabia Food Retail Market 2016-2020 - Saudi Arabia Imports About 80% of its Food Requirements, Worth Approx $24 Billion - Research and MarketsThe food retail market in Saudi Arabia to grow at a…

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 The Dow Chemical Co. recently became the first company to receive a trading license in Saudi Arabia

2016-07-11 08:09:56

The Dow Chemical Co. recently became the first company to receive a trading license in Saudi Arabia

The Dow Chemical Co. recently became the first company to receive a trading license from the government of Saudi Arabia, allowing 100 percent ownership in the country’s trading sector, expanding Dow’s…

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The Minister of Commerce and Investment Preside the kingdom’s delegation in G-20 Trade Ministers' meeting

2016-07-11 07:51:37

The Minister of Commerce and Investment Preside the kingdom’s delegation in G-20 Trade Ministers' meeting

The Minister of Commerce and Investment Preside the kingdom’s delegation in G-20 Trade Ministers' meeting 10 July 2016 Page Image Page Content Held talks with many ministers and major Chinese companies…

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Prince Muhammad and Bill Gates join hands for welfare work

2016-06-27 03:19:56

Prince Muhammad and Bill Gates join hands for welfare work

New York — Deputy Crown Prince Muhammad Bin Salman, second deputy premier and minister of defense who is also the chairman of the Misk Al-Khair Charity Organization, signed an agreement with the Bill…

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In line with the Kingdom’s 2030 Vision, Prince Mohammad bin Salman establishes a new College of Business and Entrepreneurship to help bolster the econ

2016-06-22 02:59:40

In line with the Kingdom’s 2030 Vision, Prince Mohammad bin Salman establishes a new College of Business and Entrepreneurship to help bolster the econ

Under the auspices of His Royal Highness Crown Prince Mohammad bin Salman bin Abdulaziz, HRH Deputy Crown Prince Mohammad Bin Salman Al Saud, Second Deputy Prime Minister and Minister of Defense, the…

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Reed Sunaidi Exhibitions and Foodex Saudi team wish you all blessings in Ramadan , Ramadan Kareem

2016-06-05 06:00:42

Reed Sunaidi Exhibitions and Foodex Saudi team wish you all blessings in Ramadan , Ramadan Kareem

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How Saudi’s neighbours will benefit from its reforms

2016-05-31 10:33:24

How Saudi’s neighbours will benefit from its reforms

The deals announced between Saudi Arabia and Egypt mark a sea change in Riyadh's approach to doing business with its Arab neighboursThe Saudi government and neighbouring Jordan recently announced the…

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Palestine Trade Center Participates in Foodex Saudi 2016

2016-05-31 10:25:12

Palestine Trade Center Participates in Foodex Saudi 2016

Palestine Trade Center (PalTrade) was established in 1998 as a non-profit, membership-based organization that aims at contributing to the achievement of a viable Palestinian economy by developing and…

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China Wants to Feed the World’s 1.6 Billion Muslims

2016-05-31 08:37:07

China Wants to Feed the World’s 1.6 Billion Muslims

It’s hard to get far in the holy cities of Mecca and Madinah without somehow consuming China. Made-in-China trinkets of questionable quality dominate the wares of the hawkers who throng Islam’s major…

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Council of Saudi Chambers meets with a delegation of the German Parliament

2016-05-11 08:06:36

Council of Saudi Chambers meets with a delegation of the German Parliament

The Council of Saudi Chambers of Commerce and Industry held a meeting yesterday in Riyadh, with a delegation of the German Federal Parliament, headed by the advisor for the Middle East in the Democratic…

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New ministers take oath of office

2016-05-11 07:56:12

New ministers take oath of office

Newly-appointed ministers took oath of office before Custodian of the Two Holy Mosques King Salman at Al-Yamama Palace in Riyadh on Monday. Minister of Health Tawfiq Al-Rabiah, Minister of Commerce and…

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Korea focusing on premium food exports

2016-04-27 05:59:27

Korea focusing on premium food exports

Korea’s food exports last 2015 amounted to $6.11 billion. This year, Korea aims to raise the bar and reach an amount of $8.1 billion food exports by the end of 2016 by focusing on premium food exports.…

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Algerian Ministry of Agriculture: 70 tonne is the expected potatoes exports by 2019

2016-04-27 05:55:36

Algerian Ministry of Agriculture: 70 tonne is the expected potatoes exports by 2019

التحوّل الكبير: دستوريا واقتصاديا وعسكرياأولى رئيس الجمهورية السيد عبد العزيز بوتفليقة اهتماما بالغا للتنمية…

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Leaders on the Saudi-Algerian Business Council (SABC) recently achieved a new milestone in improving the bilateral trade between the two nations

2016-04-27 05:49:53

Leaders on the Saudi-Algerian Business Council (SABC) recently achieved a new milestone in improving the bilateral trade between the two nations

Leaders on the Saudi-Algerian Business Council (SABC) recently achieved a new milestone in improving the bilateral trade between the two nations by creating an outline of eight approaches to further improve…

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Saudi Arabia relies on imports to fulfill the country’s growing demand whilst being able to conserve the decreasing supply of water

2016-04-27 04:51:33

Saudi Arabia relies on imports to fulfill the country’s growing demand whilst being able to conserve the decreasing supply of water

Saudi Arabia represents a unique case of a country floating on vast oil wealth but lacking renewable water resources, which are necessary for its continued existence. The kingdom has no…

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Saudi Arabia, the largest importer of food and agricultural products in the GCC

2016-04-27 04:40:47

Saudi Arabia, the largest importer of food and agricultural products in the GCC

Saudi Arabia is the largest importer of food and agricultural products of the Gulf Cooperation Council (GCC) countries, with a total population 150 percent larger than that of the combined population…

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Saudi prince unveils sweeping plans to end 'addiction' to oil

2016-04-26 07:30:28

Saudi prince unveils sweeping plans to end 'addiction' to oil

The powerful young prince overseeing Saudi Arabia's economy unveiled ambitious plans on Monday aimed at ending the kingdom's "addiction" to oil and transforming it into a global investment power.Deputy…

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Saudi Arabia is the second largest importer of Brazilian dairy products , with purchases of USD 12.7 million in condensed milk.

2016-04-25 07:28:10

Saudi Arabia is the second largest importer of Brazilian dairy products , with purchases of USD 12.7 million in condensed milk.

New export projects focus on ArabsApex-Brasil signed trade promotion agreements with sector organizations. The Middle East and North Africa are priorities for the dairy industry. Road machinery companies…

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Saudi Arabia's Busier Lifestyle Leads to Sharp Growth in Frozen Food Market

2016-04-21 04:38:11

Saudi Arabia's Busier Lifestyle Leads to Sharp Growth in Frozen Food Market

Frozen food is an excellent alternative to fresh and cooked foods. Convenience is the major factor driving the Frozen Food Market. Other drivers for Frozen Food market are increasing disposable income…

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Timely South African - Saudi trade boost for local economy

2016-03-23 10:49:12

Timely South African - Saudi trade boost for local economy

SOUTH Africa could expect more trade with Saudi Arabia, after government officials and businesses from two countries concluded discussions which would see increased bilateral investments in the areas…

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Saudi Arabia holds great export potential for Hungary

2016-03-23 10:33:54

Saudi Arabia holds great export potential for Hungary

Saudi Arabian officials see great potential in importing Hungarian products to the country, state secretary of the Ministry of Foreign Affairs and Trade Lászlo Szabó told Hungarian news agency MTI yesterday.Szabó…

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Ireland pins Middle East Growth plans on dairy demand

2016-03-23 10:29:11

Ireland pins Middle East Growth plans on dairy demand

Ireland is aiming to nearly double its food exports to the Middle East, with a target of more than US$560m by 2020, and is counting on its newly quota-free dairy industry to do it.Read more at: http://www.foodnavigator.com/Regions/Middle-East/Ireland-pins-ME-growth-plans-on-dairy-demand

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Saudi Arabia Interested to Enhance Imports from Pakistan

2016-03-23 10:13:53

Saudi Arabia Interested to Enhance Imports from Pakistan

Islamabad—Saudi Arabian investors are interested in investment and joint ventures in various sectors of Pakistan’s economy. Steel manufacturing and food processing are potential areas for joint ventures…

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Danish delegation targets Saudi trade opportunities

2016-03-23 08:06:53

Danish delegation targets Saudi trade opportunities

RIYADH: Custodian of the Two Holy Mosques King Salman held wide-ranging talks with Danish Crown Prince Frederik Andre Henrik here on Sunday.The two leaders reviewed bilateral relations while discussing…

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Saudi lifts ban on green chilly imports from India

2016-01-28 05:05:25

Saudi lifts ban on green chilly imports from India

Saudi Arabia has lifted the seven-month-old ban on import of green chilly from India. In 2013-14, Saudi had imported 3,045 tonnes of green chilli worth $2.3 million from India.The phytosanitary authority…

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Exhibitors Expressed Satisfaction with Foodex Saudi 2015

2015-12-29 07:08:15

Exhibitors Expressed Satisfaction with Foodex Saudi 2015

33% INCREASE in trade visitors from the food & drink industry   “It was a pleasure participating in Foodex Saudi for the second year. We met high caliber of clientele & decision makers. We are really…

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Latest Developments in the Local and International Food Scene, Showcased in Foodex Saudi 2015

2015-12-29 07:00:32

Latest Developments in the Local and International Food Scene, Showcased in Foodex Saudi 2015

Rony Haddad, director of the exhibition, expressed his happiness at the enormous participation of domestic and international companies in the exhibition. He said, “The exhibition represents a good platform…

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Foodex Saudi 2015 Opened the Doors for More International Companies to Enter the Saudi Food Market

2015-12-29 06:44:10

Foodex Saudi 2015 Opened the Doors for More International Companies to Enter the Saudi Food Market

73% of exhibitors successfully met their business objectives at the event Many local and international food production experts from 209 domestic and international companies showcased the latest food…

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Commit, Don't Commute: The Secret to Winning in Saudi Arabia

2015-09-27 03:36:25

Commit, Don't Commute: The Secret to Winning in Saudi Arabia

The Kingdom of Saudi Arabia has not had a quiet year: the accession of King Salman, two new crown princes, a new young defence minister, military operations in Yemen, waning oil prices and contentious…

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Hotel in Madinah welcomes visitors with large kunafa in Eid Holiday

2015-07-27 04:49:33

Hotel in Madinah welcomes visitors with large kunafa in Eid Holiday

JEDDAH: A hotel in Madinah welcomed visitors with an 18-meter long and 50 cm wide kunafa on the occasion of Eid Al-Fitr.The hotel management and workers celebrated the Eid festivity with their customers…

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 ''Foodex Saudi  is heading toward a more successful edition this year'' Foodex Saudi 2015 Steering Committee

2015-06-08 07:44:17

''Foodex Saudi is heading toward a more successful edition this year'' Foodex Saudi 2015 Steering Committee

Mr. Rony Haddad Foodex Saudi 2015 Show Manager during his speech to sponsors and partners in the Steering Committee Meeting last wednesday at jeddah hilton.The feedback was great as the show is heading…

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10 quick facts on Saudi Arabia’s new $100 billion city

2015-06-07 03:50:09

10 quick facts on Saudi Arabia’s new $100 billion city

The city is being called the next biggest emerging market and should be completed by 20351.The cost of the new city in Saudi Arabia is a staggering US $100 billion. 2. The project is expected to be completed…

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 Foodex Saudi stand  at the Airport Show & Travel Catering Expo in Dubai, May 2015

2015-05-10 06:03:51

Foodex Saudi stand at the Airport Show & Travel Catering Expo in Dubai, May 2015

 

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The world's largest container-carrier ship docks at Jeddah Islamic Seaport — SPA Photo

2015-03-19 05:26:51

The world's largest container-carrier ship docks at Jeddah Islamic Seaport — SPA Photo

In its first voyage after three months of entering into service, the world largest container ship named "CSCLGLOBE" docked at Jeddah Islamic seaport yesterday. The Saudi Press Agency (SPA) monitored the…

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‘Foodex Saudi 2014’ offers competitive opportunities

2014-12-02 04:48:43

‘Foodex Saudi 2014’ offers competitive opportunities

Tuesday, November 18, 2014 10:19 PM   Prince Khalid Bin Saud Bin Turki, Deputy Chairman of Technical Affairs Presidency of Meteorology and Environment and Consul General of Pakistan Aftab Khokher cut…

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Foodex Saudi 2014 to capitalise on 2013's success

2014-12-02 04:46:54

Foodex Saudi 2014 to capitalise on 2013's success

Jul 3, 2014 Foodex Saudi 2014 is set to take place with an increase in exhibitors, following the inaugural success of the show last year. The Kingdom of Saudi Arabia accounts for 64% of the GCC’s total…

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Foodex Saudi 2014 gets underway in Jeddah

2014-12-02 04:45:58

Foodex Saudi 2014 gets underway in Jeddah

Nov 18, 2014 HH Prince Khalid bin Saud bin Khalid bin Turki Al Saud opens Foodex Saudi 2014 Thousands of visitors at the Jeddah Centre for Forums and Events yesterday welcomed the second edition of Foodex…

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Anticipation builds ahead of Foodex Saudi 2014

2014-12-02 04:44:57

Anticipation builds ahead of Foodex Saudi 2014

The second edition of Foodex Saudi is getting underway in Jeddah on Monday (November 17), with both local and international exhibitors set to get exposure to businesses and consumers. Taking place at…

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Greek peaches and nectarines seeking opportunities in Saudi Arabia

2014-12-02 04:43:21

Greek peaches and nectarines seeking opportunities in Saudi Arabia

Greek peaches and nectarines seeking opportunities in Saudi Arabia In an effort to open up new markets for peaches and nectarines affected by the Russian embargo, representatives of Greece's main cooperatives…

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Saudi food sector is expected to grow by 55.3%

2014-12-02 04:42:12

Saudi food sector is expected to grow by 55.3%

The second edition of Foodex Saudi was inaugurated by Prince Khalid bin Saud bin Khalid bin Turki Al-Saud, deputy chairman of the Meteorology and Environmental Protection Technical Affairs. The event…

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14 Pakistani firms exhibit in Foodex Saudi

2014-12-02 04:39:43

14 Pakistani firms exhibit in Foodex Saudi

Fourteen Pakistani companies are participating in Foodex Saudi exhibition organized by Reed Sunaidi Exhibitions from Nov. 17 to 20, at Jeddah Center for Forums and Events. “Participation of our companies…

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Saudi Arabia and Greece discuss the possibilities

2014-12-02 04:18:22

Saudi Arabia and Greece discuss the possibilities

Joshua HoeySaudi Gazette  JEDDAH — Contract farming and increased trade ties between Greece and Saudi Arabia were the focus of discussions with Saudi government ministers during a recent visit by…

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Saudi firm takes stake in French poultry producer

2014-10-27 04:54:42

Saudi firm takes stake in French poultry producer

JEDDAH - The Saudi-Arabian food group Almunajem has taken a stake of 25 percent in the French poultry producer Groupe Doux. The transaction completes the financial restructuring of Doux that filed for…

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SCTA to develop agro-tourism

2014-10-27 04:52:07

SCTA to develop agro-tourism

By RASHID HASSANThe Saudi Commission for Tourism and Antiquities ( SCTA ) has collaborated with farm owners in the Riyadh province to develop agro-tourism in the Kingdom.Agro-tourism, which involves…

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Top chefs to compete in Foodex Saudi’s culinary event

2014-10-21 10:12:40

Top chefs to compete in Foodex Saudi’s culinary event

Resident chefs and culinary professionals of major hotels and restaurants have started preparing for Saudi Arabia’s first internationally recognized culinary competition. The contest is a major highlight…

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KSA second biggest dates producer globally

2014-10-16 11:00:45

KSA second biggest dates producer globally

 Saudi Arabia is the second biggest dates producer globally after the United Arab Emirates (UAE), which is considered the world's number one date producer, the Saudi Press Agency reported.The Saudi government…

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Saudi food market to increase 9% by 2017

2014-10-12 02:44:05

Saudi food market to increase 9% by 2017

JEDDAH - As the Middle East's largest economy and population, accounting for 64 percent of the GCC's total food consumption, the Kingdom of Saudi Arabia presents unmatched business and trade opportunities…

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Foodex Saudi to host its first Salon Culinaire

2014-10-12 02:39:45

Foodex Saudi to host its first Salon Culinaire

Foodex Saudi 2014 will host the show’s first international culinary competition, Salon Culinaire.Endorsed by the World Association of Chefs Societies (WACS) and the Saudi Arabian Chefs Association (SARCA),…

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Fish prices increase by 140 percent

2014-10-09 07:31:04

Fish prices increase by 140 percent

Eid celebrations in the Kingdom include visits to places of leisure, parks, malls and restaurants. All kinds of eateries do brisk business during the Eid holidays especially the ubiquitous fish restaurants…

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Saudi-French trade ties set for sharp growth

2014-10-07 02:12:16

Saudi-French trade ties set for sharp growth

Samir Kabbani, chairman of the board at Irrigation and Energy Solutions Company (IES), predicts that the volume of cooperation between the business sectors of Saudi Arabia and France is likely to grow…

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MIDEAST STOCKS-Saudi rises on economic reform plans; better global mood boosts region

2014-09-28 07:37:49

MIDEAST STOCKS-Saudi rises on economic reform plans; better global mood boosts region

* Saudi to permit off-market trading of shares* Government policy body to consider taxing unused land* Savola rises after Americana indicates ownership may change* Abu Dhabi's Waha Capital up as board…

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Halal food market grows to $1.1 trillion industry

2014-09-16 03:58:50

Halal food market grows to $1.1 trillion industry

Halal food and beverage market is becoming increasingly popular worldwide and has grown to a $1.1 trillion industry in 2013, states the latest research note by Dubai Chamber of Commerce and Industry based…

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Consumer cooperative to combat price increase

2014-09-16 03:53:18

Consumer cooperative to combat price increase

A consumer cooperative is expected to be launched in Madinah within three months to combat the inflation in food prices by providing food at discounted prices to members. Hamid Al-Fureidi, CEO of the…

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Saudi Arabia: $8.5 billion income from hajj expected

2014-09-16 03:43:32

Saudi Arabia: $8.5 billion income from hajj expected

By Saudi Gazette | MakkahTuesday, 26 August 2014The Kingdom could earn about SR32 billion ($8.5 billion) from this October’s hajj, according to a study published on Monday, which predicted that two…

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Savola Group in talks with American Group for possible stake

2014-09-16 03:31:23

Savola Group in talks with American Group for possible stake

Savola Group, a Saudi Arabian food producer, has held discussions with Kuwait Foods, also known as the Americana Group, to buy a stake in the company, it said yesterday.The talks have not yet led to a…

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Mideast food chains expand abroad

2014-09-16 03:27:09

Mideast food chains expand abroad

DUBAI — The super-sized malls that dot Dubai and other Gulf Arab cities are stuffed with foreign restaurants, from Burger King and Subway to suburban sit-down staples like IHOP and Red Lobster.Mideast…

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Saudi poultry production is up

2014-09-16 03:24:55

Saudi poultry production is up

Broiler meat production is estimated at 640,000 MT in 2014, and expected to further increase 9% in 2015. Local broiler production currently covers about 42% of total Saudi Arabia's consumption needs,…

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Foodex Saudi 2014 presents the Salon Culinaire - the professional chefs competition

2014-09-15 09:26:14

Foodex Saudi 2014 presents the Salon Culinaire - the professional chefs competition

Salon Culinaire in association with the World Association of Chefs Societies (WACS) - Foodex Saudi's signature culinary showcase - will attract KSA's leading chefs, who will compete across 15 categories…

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Unilever Announces its Sustainability Strategy in the KSA

2014-05-28 10:31:36

Unilever Announces its Sustainability Strategy in the KSA

Unilever, one of the world's leading fast moving consuming goods FMCG companies and manufacturers of iconic brands such as Lipton and Sunsilk, has announced its sustainability strategy in Saudi Arabia,.…

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Global restaurant chain upbeat on KSA trade

2014-05-13 09:25:03

Global restaurant chain upbeat on KSA trade

A senior management team of US-based DineEquity (parent company of Applebee’s restaurant) recently visited Saudi Arabia and held several rounds of high-level meetings with the senior executives of Tarfeeh,…

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Inspection of Makkah food outlets intensified

2014-03-24 02:51:24

Inspection of Makkah food outlets intensified

Local authorities in Makkah are intensifying health inspection campaigns on eateries to guard against epidemics as the number of visitors to the holy city steadily increases. The Makkah municipality and…

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Saudi retail set for growth

2014-03-24 02:16:46

Saudi retail set for growth

The Saudi Arabian retail sector is expected to continue to post solid returns, with strong prospects for expansion in the medium-to-longer term, although this year retailers will likely have to factor…

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Saudi Arabia’s retail sector’s potential remains ‘untapped’

2014-03-24 02:15:08

Saudi Arabia’s retail sector’s potential remains ‘untapped’

Saudi Arabia’s retail sector records solid growth and its potential remains “untapped”, A.T. Kearney’s 2013 Global Retail Development Index revealed.The retail fundamentals in Saudi Arabia, which…

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Retail boom in Saudi Arabia

2014-03-24 02:06:49

Retail boom in Saudi Arabia

With increasing levels of disposable income, Saudi Arabia’s retail sector is booming and has become more attractive to foreign investors. Amid the lackadaisical business news from North America, ?Europe…

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