Halal food market to reach USD 3 trillion in 2024
Benefits associated with the consumption of halal food are driving this market forth. These are increasing the consumption and acceptance of halal food among non-Islamic communities.
Third edition of ‘Futurism Programme’ launched in Dubai
Eligible projects must have an innovative tech solution in the travel and tourism space, and an MVP or pilot that’s ready to scale.
Global market of dark chocolates growing faster than milk chocolates
Owing to various health benefits and increased awareness among people regarding dark cocoa chocolates is expected to propel the demand for dark chocolates.
20 percent growth in the global truffle market until 2023
Black truffle was the largest segment within the overall market in 2018 and would remain so until 2023. White truffles market will also grow.
MENA hotel rate jump insufficient
According to one of Hotstats‘ latest reports, the almost double-digit uptick in average room rates, year-over-year profit per room at Middle Eastern and North African hotels dropped in May by GOPPAR 2.4% even though average room rates rose 9.7% to $183.70, a high for the year. The rise in ARR...
Global demand for soy and milk proteins is on a growing curve
The inflating disposable incomes are behind this demand. This is coupled by the increasing prevalence of lifestyle diseases and consumers health awareness.
Restaurants, Cafés & Lounges coming to Dubai on 7-8 October 2019
More than 250 attendees from 25 countries, business owners, operation heads, chefs and experts will discuss the latest consumer trends.
Three-minute online visa system is linked to purchase of tickets for Jeddah Season events
Once visitors buy a ticket, they can get an instant e-Visa simply by logging on to www.sharek.sa and following the step-by-step instructions.
UAE ice cream market to reach USD 142 million in 2021
IFFCO Group leads the market with a USD 44 million revenue. It distributes London Dairy, Igloo and Quanta. Mars GCC is second with a USD 16 million.
The online supermarket sector: Not so super!
Since it was established in 1974, the Fahed Supermarket brand has gained a reputation as the go-to place for groceries. However, much has changed in the intervening years. HN talked with Nabil Fahed, CEO of Fahed Group and president of the Syndicate of Supermarkets in Lebanon, to learn more