Search Site

Trends banner

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

TSMC Q2 profit up 60%

TSMC is the world's largest contract maker of chips.

ADNOC shifts OMV stake to XRG

XRG is ADNOC's wholly-owned international investment company.

Excess, storage issues behind food waste in GCC

  • When food is lost or wasted, all the resources that were used to produce this food - including water, land, energy, labor and capital - go to waste.
  • The UN says the disposal of food loss and waste in landfills, leads to greenhouse gas emissions, contributing to climate change.

Dubai, UAE–Globally, around 14 percent of food produced is lost between harvest and retail, while an estimated 17 percent of total global food production is wasted–11 percent in households, 5 percent in the food service and 2 percent in retail, according to the United Nations. Food loss and waste undermine the sustainability of food systems. When food is lost or wasted, all the resources that were used to produce this food – including water, land, energy, labor and capital – go to waste, the UN says. Underscoring the need for reducing food waste and loss, the UN says the disposal of food loss and waste in landfills, leads to greenhouse gas emissions, contributing to climate change. TRENDS takes a look at the state of food waste in the GCC countries.