This includes a 48.28% growth in passenger volume, with the total number reaching 88,000.

The company posted a net profit of $58.81 million in 2021.

The rise in international raw material prices has increased subsidy spending in Tunisia, Algeria, and Morocco.

In order to explore solutions for water, food, and energy challenges, the UAE, Jordan, and the Netherlands wrapped up the inaugural edition of the Water-Food-Energy (WFE) Summit.

The FAO’s Food Price Index, which tracks monthly changes in international prices, averaged 125.7 points.

Inspectors also visited a total of 193 restaurants and cafes and took required measures against 17 outlets.

The technology could help the UAE grow more crops within its boundaries, ensuring food security, says Dake Rechsand CEO and Founder Chandra Dake.

Mexico-UAE bilateral trade has witnessed an approximate 38 percent upsurge in the past five years (2016-2020), a senior Mexican official told the Emirates News Agency. She added that Mexico wants to be a strategic partner for the UAE in agri-food sector, said reports. "The bilateral trade between 2016 and 2020...

The UAE has made nutritional labeling of pre-packed products as traffic light colors voluntary, after amending a requirement that would have made such labeling mandatory. An official statement said the move is in line with the UAE government’s "focus on supporting the performance and competitiveness of the industrial sector and...

The signing of the MoU reportedly coincided with the visit of the French President Emmanuel Macron to the UAE.

Saudi Arabia's Minister of Environment, Water and Agriculture Abdulrahman Al-Fadley has signed a cooperation agreement with the United Nations Convention to Combat Desertification (UNCCD) Executive Secretary Ibrahim Thiaw, which aims at executing the items of the Global Initiative on Reducing Land Degradation and Enhancing Conservation of Terrestrial Habitats. The agreement...

The inflation rate in Oman rose by 3.35 percent in October 2021 compared to October 2020. Local media reports, citing the latest data from the National Centre for Statistics and Information (NCSI), said the inflation rate also went up by 0.75 percent compared to September 2021. The rise of prices...

Mubarak Jaffar, CEO of the cloud-kitchen firm KLC company, tells TRENDS how virtual kitchens are feeding a growing demand.

World Food Program Executive Director David Beasley has warned that more people in Syria are in the grips of hunger than at any time in the country’s decade-long conflict. He blamed a deadly combination fighting, climate change, Covid-19, and rising food and fuel costs for the problems.

Lebanon's government, formed in September, has yet to take serious action to stop its downward spiral.

There appears to be plenty of scope for Indonesia to expand its cooperation with the UAE in the area of food security. The Southeast Asian country was the seventh-largest food exporter in the world in 2020, while the UAE imports about 80 percent of its food requirements.

Gulfood Manufacturing, the largest food and beverage processing and packaging show for the Middle East, Africa, and South Asia (MEASA), opened on Sunday at the Dubai World Trade Centre. The show is geared toward driving smart innovations in food manufacturing and reigniting live, face-to-face big business opportunities over the next...

Representatives of 50 Dutch companies, led by the Dutch Minister for Foreign Trade and Development Cooperation Tom de Bruijn, arrived in the UAE as part of a trade mission aimed at strengthening trade relations between the two countries. More than 350 Dutch companies currently operate in the UAE and they...

UN Secretary-General Antonion Guterres has called for changes in the way the world produces, consumes, and wastes food. His remarks came on the occasion of World Food Day, whose theme this year is “Our actions are our future.”

The rate of inflation in Saudi Arabia spiked in September after being at the lowest level in August, according to official data.

OFID has signed a term loan agreement for $30 million with Banco Regional of Paraguay, the third of its kind to the country. Proceeds from the first tranche were loaned to the agriculture sector. The second facility provided 53 sub-loans to Paraguayan enterprises for international trade finance purpose.

Agriculture accounts for around six percent of Turkey's GDP and employs 18 percent of the country's workforce.

The Abu Dhabi-listed company will pay AED 65.31 million cash dividend.

Social media platforms are filled with posts by Lebanese appealing for contacts abroad to send basic goods.

Egypt's annual urban consumer price inflation rose to 5.7 percent in August, up from 5.4 percent in July, official statistics agency CAPMAS reported on Thursday, a 17 month high.

Demand for food in the Gulf Cooperation Council (GCC) will reach 52.4 million metric tons (MT) by 2025, up from 46.8 million in 2020.

The laboratory falls within the framework of the "Invest in Oman" program.

DUBAI: To promote agri-food projects and investments, the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), the insurance arm of the Islamic Development Bank (IsDB) Group, and the Islamic Food Processing Association (IFPA), signed an agreement on Saturday. The agreement will provide ICIEC and IFPA a general...

It is a prize a restaurant or a chef would die for to possess. It is the culinary equivalent of an Oscar in the film industry. The Michelin star is the medal that diners of the world hunger for.

International Holding Co (IHC), Abu Dhabi’s largest conglomerate, is looking at acquisitions of various companies in different sectors.

Eight Chinese provinces and cities, including Beijing, Tianjin, Zhejiang, Henan, and Guangdong, have signed 12 investment projects with Arab countries and other countries along the Belt and Road routes, with a total investment of 7.43 billion yuan. Three policy reports covering economic and trade relations between China and Arab States...

The project promotes local industrial investment in key sectors such as medical, food, steel, cement.

Owing to higher prices in the transport sector, Saudi Arabia's consumer price index rose 0.4% in July from a year earlier and was up 0.2% month on month, government data showed on Sunday.

The country's economy is witnessing deterioration as sources of income decline, unemployment rises to 18 percent and rising debt necessitates a loan from the IMF.

Daraa, which borders Jordan and is close to the Israeli-occupied Golan Heights, is widely seen as the cradle of the 2011 uprising in Syria, which sparked a decade-long civil war that has killed almost half a million people. UN has said civilians were suffering from acute shortages of food, fuel,...

In a country suffering from one of the worst economic crises in the world, this could effectively raise prices for fuel, amid its shortage.

The first shipment was sent on July 8 on an Amiri Air Force aircraft belonging to the Qatari Armed Forces, said the local reports. In June, Lebanon’s army chief Joseph Aoun appealed to world powers to assist the military, noting it was struggling to pay soldiers’ wages. Aoun also warned...

Germany has donated €109 million ($128.73 million) to “support 4.8 million Syrians to access lifesaving food and over 600,000 children to have nutritious food through an emergency school feeding program.”  

Arab countries topped Egypt's food export market destinations with a value of $1.090 billion or 55%, followed by the European Union (EU) with $340 million or 14%.

The flow of goods, the price of bread, and other food commodities will remain immune from the increase in fuel prices due to fluctuation in global prices  

The World Food Program has it needs at least $1.9 billion this year alone to prevent famine in Yemen

A family of five in Lebanon is spending more than 3.5 million Lebanese pounds a month on food

Accelerated mostly by the cost of food and fuel, inflation in Saudi Arabia has surged to 6.2 percent in June, the highest this year.

As many as 811 million people – about a 10th of the global population – were undernourished in 2020, a UN report said.

73 percent of consumers have admitted to changing their shopping habits The spending power of people has taken a big hit due to Covid The coronavirus pandemic has seen a drastic shift in consumer behavior in the world and the United Arab Emirates (UAE) has been no different in this...

Scientists claim lab-grown meat environmentally friendly way to feed the people The process involves cultivating cells taken from a fertilized chicken egg It looks like chicken and tastes like chicken, but diners in Israel are tucking into laboratory-grown "meat" that scientists claim is an environmentally friendly way to feed the...

Britain third-largest investing country in Egypt after UAE, Saudi Arabia Egyptian food exports to UK surged by 76 percent despite the pandemic Trade between Egypt and Britain increased 8 percent year-on-year to £519 million ($722 million) in the first quarter of 2021, said Nasser Hamed, director of the EU Administration...

*China to be one of the dominant markets globally due to the presence of various end-use industries  *US accounts for 82 percent of North American market  Global sodium bicarbonate market is expected to flourish at a rising Compound Annual Growth Rate of 3.9% during 2021-2031, according to a report by...

  Pent-up demand may lead to vigorous recovery in Gulf travel, tourism, hospitality sectors in the second half of 2021 Recovery will ride on increasing adoption of technology   The Gulf Cooperation Council (GCC) countries are experiencing a fast economic recovery and the pent-up demand could manifest in a vigorous...

Egypt’s inflation accelerated to a 5-month high of 4.8 percent year-on-year in May Global food import costs are expected to rise 12 percent in 2021 Egypt will see another round of worse food inflation as economic activity gains momentum, according to Abu Dhabi Commercial Bank. The warning was sounded while...