The global halal food market to reach USD 740 billion by 2025
The global halal food market is expected to reach USD 739.59 billion by 2025, according to a new report by Grand View Research, Inc. The industry was valued at USD 436.8 billion in 2016. This growth is linked to the increasing Muslim population and their substantially increasing expenditure on food & non-beverages, which is...
Chateau Kefraya’s Winning Spirit
To celebrate the outstanding and record rating of 93/100 obtained by Château Kefraya COMTE DE M 2012 by Robert Parker, nicknamed the ‘Wine Pope’, a vertical tasting took place at Sursock’s restaurant museum. That vintage was born from the desire to pay a tribute to the Phoenicians who, more than...
Jordanian Siniora expands business
Jordanian Siniora Food Industries purchased a 3,500 square meter warehousing facility in Riyadh, Saudi Arabia, at a total cost of USD 2 million, a move that is in line with Siniora’s expansion strategy in the region to focus on Gulf markets. The company has also purchased a 11,590 m2 plot of land...
Chef Middle East partners with Lactalis
Regional supplier Chef Middle East has signed a major deal with dairy food producer, Lactalis. The new business partnership between the companies is effective immediately and both firms are adamant that the deal will only strengthen their positions in the market. Olivia Hingray, food service sales manager...
5 questions with Bilal Ballout, CEO of BMB chocolate
HN chatted with Bilal Ballout to highlight the latest trends and challenges in the chocolate industry. What are the major challenges you are facing and how are you going about overcoming these? The challenges today come in many different waves. In the past, you could split the demand between clients...
Lebanese poultry producer Wilco to launch USD 11 million slaughterhouse
Wilco PM, a poultry and meat agricultural company will be establishing a new slaughterhouse in Chekka, North Lebanon, with a production capacity reaching 6,000 chickens per hour. The factory will also produce various categories of poultry products, including frozen and processed chicken products. Investment in the project is USD...