Abu Dhabi-listed food and drinks firm Agthia Group is aiming to double revenues by 2020 through organic growth and acquisitions, its chief executive has said. Agthia reported it made a net profit of Dh231 million ($63 million) last year on a 13 per cent rise in revenue to Dh1.87 billion ($509 million), boosted by new products and exports.
Hype Energy drinks, a prominent supplier of premium energy drink products, plans to strike deals with Gulf distributors with the aim of expanding its presence in the Middle East and North Africa (Mena) region and increasing sales volumes. The company took part in the Gulfood trade show in Dubai late last month.
BASF, the Germany-based world’s leading chemical company, demonstrated the applications of its durable and decorative flooring solutions to the region’s food and beverage industry at a trade show in Dubai.
The UAE’s United Foods Company (UFC) has introduced new products under its flagship Aseel brand. The company launched its Aseel Trans Fat Free Ghee to offer its consumers healthier food options, and also extended into the Arabic traditional food market with Aseel Tahina, said a statement from the company.
When it comes to Good Manufacturing Practices (GMPs) in the food products industry, one expects the norms are designed to ensure at least one very basic requirement – that food will be produced under hygienic conditions, and microbiological, chemical and physical hazards will be prevented.
Masa Establishment, based in Jeddah and owned by Mousaied S Al Shieshakly, who also officiates as general manager, is the largest amongst pest control companies in Saudi Arabia and has 12 branches in the kingdom.