Mubadala boosts takeover bid for Burger King Brazil operator

The Abu Dhabi sovereign wealth fund’s unit MC Brazil F&B Participações is now proposing a tender offer to acquire 45.15 per cent of the firm’s shares at $1.62 apiece

Saudia Red Sea Farms

Saudi agtech Red Sea Farms signs MoU with Saudia, to supply locally grown produce

Saudia will serve Red Sea Farms’ produce, such as snack tomatoes, cucumbers and peppers to passengers, to meet customer demand and its own sustainability goals

FAO food prices drop in August 2022 Getty images162809452

World food commodity prices decline further in August, reveals FAO report

The FAO Food Price Index averaged 138.0 points in August, down 1.9 per cent from July although remaining 7.9 per cent above its value a year before

Whatsapp

WhatsApp rolls out in-app shopping product with India’s JioMart

The new feature lets users in India shop for products from JioMart, and pay for them directly within the app

Agthia group reports h1 2022 results

Agthia Group’s H1 2022 net profit rises 74% to Dhs118m

The company’s group net revenues hit Dhs2bn, up 51 per cent from last year

MoCCAE, EDB sign MoU

Emirates Development Bank, MoCCAE sign MoU to support agricultural SMEs

The MoU will see the two parties identify collaboration opportunities in food security and also support SMEs and startups in the agriculture sector

Abu-Dhabi-based ghithia q2 results_1629178265369

IHC subsidiary Ghitha Holding reports Dhs80.6m in profit for Q2 2022, a 471% rise over last year

Ghitha reported robust numbers led by its revenue reaching Dhs576m, which shows a growth of 276 per cent from Q1 2021

DP world signs del with Adroit Canada and Al Amir food

DP World signs two new development projects with agricultural commodity processors

The new integrated quayside facilities, belonging to Adroit Canada and Al Amir Foods, will enhance the year-round availability and production of essential grains and pulses

UAE leads Arab nations in 'Food System and Economic Resilience’ ranking,

UAE leads Arab nations in ‘Food System and Economic Resilience’ ranking

The UAE, Saudi Arabia and Qatar are the only Arab countries in the top quartile of the ranking

Paraguay

OPEC Fund signs off on $430m loan to Paraguay’s Banco Sudameris

Around 60 per cent of the loan will finance small and medium-sized enterprises, and the rest will support farmers and agribusinesses

Abu Dhabi food exhibition to be held in December_-GettyImages

First edition of Abu Dhabi International Food Exhibition to be held in December

The exhibition is organised by ADNEC in cooperation with Abu Dhabi Agriculture and Food Safety Authority

World's largest organic vertical farm opens in Dubai

Emirates Flight Catering opens world’s largest vertical farm in Dubai

Bustanica, a joint venture between Emirates Flight Catering and Crop One, aims to annually save over 250 million litres of water and produce more than a million kilos of produce free of pesticides

Mastercard partners with Michelin Guide Dubai

Mastercard partners with Michelin Guide Dubai as an official sponsor

List of restaurants in the first-ever Michelin Guide Dubai 2022 was released on June 21, 2022

UAE to invest $2bn in India’s ‘food parks’

UAE announces investment of $2bn to set up food parks in India

Israel and US will bring state-of-the-art technologies and expertise to the food parks in India

Deliveroo hop launches in the UAE

Deliveroo UAE launches new rapid grocery delivery service, partners with Choithrams

Deliveroo Hop, in partnership with Choithrams, will operate its own delivery-only grocery stores offering customers on-demand groceries in as little as 15 minutes within a defined radius

ADAFSA Stategy Abu Dhabi 2022-25 Courtesy WAM

Abu Dhabi Agriculture and Food Safety Authority announces strategy for 2022-2025

The strategy aims to increase agricultural sustainability rates to 66 percent, and reduce the use of groundwater in agriculture by 500 million cubic metres between 2022 and 2025

Restaurant Review: Golden-hour at Hutong

Restaurant Reviews: Golden hour at Hutong

Hutong offers contemporary Chinese cuisine in Dubai, Hong Kong, London, New York and Miami

Chef's Table at Roobaru

Restaurant Reviews: Chef’s Table at Roobaru

The homegrown Indian restaurant Roobaru, is nestled near the Burj Khalifa in Downtown Dubai

Dining deals for Eid Al Adha

A round-up of Eid dining deals across the UAE

Andrea Zampolini Robertos

Our authentic and contemporary Italian cuisine makes us a ‘Dolce Vita’ venue

Italian fine dining restaurant Roberto’s recently appointed Andrea Zampolini as its managing director, he gives us an overview about UAE’s culinary scene

Eclipse Foods

Prince Khaled’s KBW Ventures invests in US-based Eclipse Foods

The Oakland-based brand raised over $40m in Series B funding

spinneys introduces meal deals

Spinneys launches value-for-money ‘meal deals’ for customers

The supermarket’s latest offering caters to individual food preferences, including vegan and gluten-free dietary requirements

McDonald’s

McDonald’s promotes Ian Borden to CFO in series of appointments

Borden first joined the McDonald’s system in Canada in 1994 and served in several international roles

Careem acquires Munch-On in the UAE

Careem acquires food delivery platform Munch:On in the UAE

Munch:On will stop daily operations and the offering will be rebuilt on the Careem app

lab-grown food

Could lab-grown ingredients could be the future of food?

Stakeholders are looking at ways to reduce the environmental impacts of factory farming and animal agriculture

Vikas khanna NFT book

Michelin Star chef Vikas Khanna launches NFT of his book in Dubai

Akshaya.io will create non-fungible tokens of the book which will enable those interested to own the original NFT along with physical book

Food

Food companies falling short of carbon-cutting goal, study finds

A report by AlixPartners found that food and beverage manufacturers, suppliers and retailers may manage to reduce emissions by 29 per cent by 2030

food Security _ ACG

Arab Coordination Group announces $10bn package to support food security goals

The funds from the group will be deployed over the next three years to cover the import costs of seeds, grains and fertilisers and alleviate food supply challenges

Mastercard Michelin Guide Dubai

Revealed: Dubai’s first Michelin-starred restaurants

The inaugural Michelin Guide Dubai 2022 was revealed with 11 Michelin-starred and 14 Bib Gourmand restaurants

wheat

UAE suspends re-export of Indian wheat for four months

The Ministry of Economy said that the decision comes in view of the international developments that have affected trade flows