Middle East

Brands Ignoring Ethical Consumerism Face Sales Risk, Says GlobalData

With firms being held to an ever-high level of accountability when it comes to positions on social issues such as human and animal welfare, fair trade, and...

Majid Al Futtaim Sees Retail Revenue Up 8% In First Half

Majid Al Futtaim, which operates the Carrefour brand in markets across the Middle East, Africa and Asia, has reported a 8% increase in revenue at constant...

Vimto Maker Nichols Sees 'Strong' Top-Line Growth In First Half

Soft drinks maker Nichols has posted a 6.6% growth in group revenue to £85.5 million in the first half of its financial year.

Ornua Sees Turnover Up 36.7% In FY 2022

Irish dairy firm Ornua has reported a 36.7% year-on-year increase in turnover to €3.4 billion in its financial year 2022.

Danone Proposes Sanjiv Mehta As Independent Board Member

Food group Danone has proposed the appointment of Sanjiv Mehta as an independent member of its board of directors.

Majid Al Futtaim Records Double-Digital Revenue Growth Despite 'Macroeconomic Challenges'

Majid Al Futtaim has released its financial results for 2022 which show consolidated revenue increased by 12% to AED 36.3 billion (€9.29 billion) and...

'Mall Of The Metaverse' Launched By Majid Al Futtaim

Majid Al Futtaim has announced the launch of 'Mall of the Metaverse', a virtual retail and entertainment destination, at the World Government Summit in Dub...

Fresh Del Monte Teams Up With Talc Investment Announce Banana Partnership in Somalia

Fresh Del Monte Produce Inc and Moze Holding Limited, a Talc Investment company, have announced the signing of a Somalia-based, multi-year banana partnersh...