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.
Pea-based burger patties to become trendier in the coming years
The growing health concerns regarding the consumption of animal protein has urged consumers to opt for alternative protein sources
Middle East travelers prefer London, Paris and Rome for their summer trips
Asian destinations are also inching up the list for Middle Eastern travelers, with Bali, and Tokyo joining Bangkok and Kuala Lumpur in this year’s top 10.
Dark chocolate market to reach USD 60+ billion
Dark chocolate, also known as ‘bittersweet’, is made from cocoa butter instead of fats such as palm and coconut oils. It carries a rich and intense flavor.
The Middle East leads growth in international tourism
Confidence in global tourism has started to pick up again after slowing down at the end of 2018, according to the latest UNWTO Confidence Index survey.
Beirut and Cairo lead hotel occupancy growth
Lebanon is set to prepare for a promising summer tourism season with indications of improved tourist volumes after the travel ban lift by Saudi Arabia. The UAE is also expected to lift its travel ban.
Global cheese market to reach USD 100 billion in 2024
Several large groups are leading the sector. These include Lactalis Group, Fonterra, Dairy Farmers of America, and Arla Foods.
1.3 million hotel guests in Abu Dhabi in Q1 2019
Results driven by a boost in average room revenue, ARR, which increased by almost 15 percent coupled with an occupancy rate of 79 percent.
Over 500 new hotels are under construction in the Middle East and Africa
The Middle East total represented almost a 10 percent year-over-year increase in the number of rooms in the final phase of the development pipeline.